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ABB India standalone net profit declines 44.37% in the March 2020 quarter

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Capital Market

Sales decline 17.86% to Rs 1501.71 crore

Net profit of ABB India declined 44.37% to Rs 64.64 crore in the quarter ended March 2020 as against Rs 116.19 crore during the previous quarter ended March 2019. Sales declined 17.86% to Rs 1501.71 crore in the quarter ended March 2020 as against Rs 1828.30 crore during the previous quarter ended March 2019. ParticularsQuarter EndedMar. 2020Mar. 2019% Var.Sales1501.711828.30 -18 OPM %0.887.96 -PBDT55.53189.17 -71 PBT28.46165.86 -83 NP64.64116.19 -44

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First Published: May 14 2020 | 8:36 AM IST

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