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ABB India standalone net profit declines 80.47% in the December 2019 quarter

Capital Market 

Sales decline 0.58% to Rs 1928.25 crore

Net profit of ABB India declined 80.47% to Rs 38.66 crore in the quarter ended December 2019 as against Rs 197.91 crore during the previous quarter ended December 2018. Sales declined 0.58% to Rs 1928.25 crore in the quarter ended December 2019 as against Rs 1939.54 crore during the previous quarter ended December 2018.

For the full year,net profit declined 40.61% to Rs 303.40 crore in the year ended December 2019 as against Rs 510.89 crore during the previous year ended December 2018. Sales rose 9.31% to Rs 7229.00 crore in the year ended December 2019 as against Rs 6613.36 crore during the previous year ended December 2018.

ParticularsQuarter EndedYear EndedDec. 2019Dec. 2018% Var.Dec. 2019Dec. 2018% Var.Sales1928.251939.54 -1 7229.006613.36 9 OPM %5.8311.11 -7.356.92 - PBDT146.08295.41 -51 605.27744.60 -19 PBT123.66271.53 -54 514.87651.84 -21 NP38.66197.91 -80 303.40510.89 -41

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 13 2020. 08:22 IST
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