ABB India standalone net profit rises 48.89% in the December 2020 quarter

Sales decline 12.77% to Rs 1681.95 crore

Net profit of ABB India rose 48.89% to Rs 57.56 crore in the quarter ended December 2020 as against Rs 38.66 crore during the previous quarter ended December 2019. Sales declined 12.77% to Rs 1681.95 crore in the quarter ended December 2020 as against Rs 1928.25 crore during the previous quarter ended December 2019.

For the full year,net profit declined 27.75% to Rs 219.22 crore in the year ended December 2020 as against Rs 303.40 crore during the previous year ended December 2019. Sales declined 20.36% to Rs 5757.17 crore in the year ended December 2020 as against Rs 7229.00 crore during the previous year ended December 2019.

ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales1681.951928.25 -13 5757.177229.00 -20 OPM %5.825.83 -4.607.35 - PBDT105.40146.08 -28 354.72605.27 -41 PBT75.75123.66 -39 234.36514.87 -54 NP57.5638.66 49 219.22303.40 -28

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