ABB India Ltd reported a 249.37% increase in net profit to Rs 585.90 million for the quarter ending December 31, 2013 compared to the same period the previous fiscal year. Net sales grew by 5.84% to Rs 22038.70 million. The improved financial performance increased the net profit margin to 2.66% from 0.81% in the previous year. The company's stock price on the BSE rose 12.80% after the earnings announcement.

1. ABB's Net zooms over three fold to 58.6 cr
ABB India Ltd | Quarterly Result as on 31-Dec-2013 | 18-Feb-2014
For the period, the ABB India Ltd reported Net Sales of Rs 22038.70 million and Net Profit of Rs 585.90 million. While Net Sales rose by
5.84%, Net Profit grown by 249.37% and thereby NPM improved to 2.66% as compared to 0.81% during same period previous FY Equity
.
Capital for the period under consideration stands at Rs 423.80 million. EPS as on 31-Dec-2013 stands at Rs 2.76 viz-a-viz Rs 0.79 as on 31Dec-2012.
The stock of the ABB India Ltd at BSE opened at 592.00 touched a high 677.30 and low 592.00 before closing at 666.65 gaining 12.80% over
previous close. The trading volume for the stock at BSE stood at 760196 shares and at NSE stood at 2973333 shares.
BSE
NSE
The S&P BSE Sensex closed today at 20634.21 (0.83% gain) and CNX Nifty closed at 6127.10 (0.89% gain).
Company Announcements
18-Feb-2014 03:56 PM Results Press Release
18-Feb-2014 12:03 PM Board recommends Dividend
18-Feb-2014 12:01 PM Announces FY13 Results & Results Press Release
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