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10-Nov-2024

ABB India

Net up 21% on good operating show


'Standalone net sales (including other operating income) of ABB India for the quarter ended Sep 2024 has increased 5.16% to Rs 2,912.16 crore.  Operating profit margin has jumped from 15.84% to 18.55%, leading to 23.19% rise in operating profit to Rs 540.22 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 53.44% to 47.40%.   Purchase of finished goods cost fell from 8.12% to 7.98%.   Employee cost increased from 6.30% to 6.81%.   Other expenses rose from 16.60% to 19.69%.   Contract job process charges fell from 2.41% to 2.24%.   

Other income up 20.92% to Rs 92.89 crore.  PBIDT rose 22.85% to Rs 633.11 crore.  Provision for interest up 240.91% to Rs 3 crore.  PBDT rose 22.48% to Rs 630.11 crore.  Provision for depreciation rose 8.39% to Rs 32.83 crore.  Profit before tax grew 23.36% to Rs 597.28 crore.  Provision for tax was...



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