Aug 08, 2012, 03.26 PM IST

ABB Q2 net profit up 33% to Rs 51.6 cr; stock up 3%

Power and technology company ABB's net profit rose 33.33% year-on-year to Rs 51.6 crore in the quarter ended June 2012.

Source: Moneycontrol.com
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Power and technology company ABB 's net profit rose 33.33% year-on-year to Rs 51.6 crore in the quarter ended June 2012.


Net sales surged 10% to Rs 1,860 crore from Rs 1,693 crore during the same period.


The Indian Subsidiary of world's leading power and automation major ASEA Brown Boveri (ABB) has reported an order inflow of Rs 2,045 crore in the second quarter of 2012 as against Rs 1,792 crore in a year ago period.


At 15:18 hours IST, the share was trading at Rs 802.70, up 1.54% after rising as much as 3% intraday.


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