ABB Q1 net up 69% to Rs 87cr

ABB today reported a 69% increase in net profit at Rs 86.63 crore for the first quarter ended March 31, 2007 when compared with Rs 51.30 crore in Q1FY06.

According to a release issued by the company to the BSE today, total income increased to Rs 1,327.61 crore from Rs 820.86 crore for the quarter ended March 31, 2006.