ABB India standalone net profit rises 10.92% in the December 2023 quarter

Sales rise 13.30% to Rs 2728.20 crore

Net profit of ABB India rose 10.92% to Rs 338.66 crore in the quarter ended December 2023 as against Rs 305.32 crore during the previous quarter ended December 2022. Sales rose 13.30% to Rs 2728.20 crore in the quarter ended December 2023 as against Rs 2407.90 crore during the previous quarter ended December 2022.

For the full year,net profit rose 22.22% to Rs 1242.05 crore in the year ended December 2023 as against Rs 1016.23 crore during the previous year ended December 2022. Sales rose 21.98% to Rs 10366.68 crore in the year ended December 2023 as against Rs 8498.41 crore during the previous year ended December 2022.

ParticularsQuarter EndedYear EndedDec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var.Sales2728.202407.90 13 10366.688498.41 22 OPM %15.2915.13 -14.3711.32 - PBDT486.65427.05 14 1778.811128.23 58 PBT453.73400.23 13 1658.891023.53 62 NP338.66305.32 11 1242.051016.23 22

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