ABB India Q3 profit rises 11% to ₹440 crore
In short
ABB India reported its September quarter results on Friday. Net profit rose 11% to ₹440 crore from ₹398 crore a year ago, and revenue from operations increased 19.4% to ₹3,738 crore.
The company said higher revenue helped the results. Its managing director called it a strong third quarter.
What the reporting says
ABB India on Friday reported an 11% rise in net profit to ₹440 crore for the September quarter, up from ₹398 crore a year earlier, while revenue from operations climbed 19.4% to ₹3,738 crore. The company said the growth was driven by higher revenues, according to an exchange filing. ABB India follows a January-December fiscal year and its managing director described the quarter as strong.
Why it matters
ABB India reported stronger September-quarter numbers on Friday, with net profit rising to ₹440 crore and revenue from operations increasing to ₹3,738 crore. The company, which follows a January-December fiscal year, said higher revenues drove the gain. The figures matter for investors in the electrification and automation company and for the broader industrials space tracking order and revenue momentum.