ABB India Ltd on Thursday posted a 50 per cent rise in its consolidated profit after tax to Rs 443 crore for the June 2024 quarter. ABB India’s PAT had stood at Rs 296 crore in the second quarter of the previous financial year 2023-24. At the end of this quarter, ABB India had an order backlog of Rs 9,517 …
ABB India's net profit more than doubled to ₹296 crore in the June quarter mainly due to higher revenues, the company said on Friday. We continued growth momentum during the quarter, built on strong order backlog execution, delivering highest-ever quarterly operational EBITDA," ABB India Managing Director Sanjeev Sharma said in the statement. Electrification and process automation achieved a double-digit growth …
The Indian equity market has seen a stellar rally since the month of April with the benchmark Nifty nearing its all-time high level led by persistent inflow of foreign funds, resilient domestic macros and improving corporate performance. The Foreign Institutional Investors have pumped in ₹27,856.48 crore in the Indian equities in May after remaining net buyers in the month of …
