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Abbott India Q3 net profit up marginally to Rs 117 crore

The company had posted a net profit of Rs 115.39 crore for the corresponding period of the previous fiscal, Abbott India said in a filing to BSE.

February 08, 2019 / 05:12 PM IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

 
 
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Drug firm Abbott India on Friday reported a marginal rise of 1.43 per cent in its net profit to Rs 117.05 crore for the third quarter ended December 31, 2018.

The company had posted a net profit of Rs 115.39 crore for the corresponding period of the previous fiscal, Abbott India said in a filing to BSE.

Revenue from operations of the company stood at Rs 947.65 crore for the quarter under consideration, as against Rs 881.49 crore for the same period year ago.

Shares of Abbott India closed at Rs 8,062.40 per scrip on BSE, down 2.23 per cent from its previous close.
PTI
first published: Feb 8, 2019 05:00 pm

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