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    ABB Q4 net profit down 94% at Rs 6.8 cr

    ABB has reported a net profit of Rs 6.8 crore for the quarter ended December 2010, down 94% as compared to Rs 110 crore in same quarter the previous year.

    February 23, 2011 / 14:13 IST

    ABB has reported a net profit of Rs 6.8 crore for the quarter ended December 2010, down 94% as compared to Rs 110 crore in same quarter the previous year.

    It has posted a forex loss of Rs 21.7 crore versus gain of Rs 1.04 crore on year-on-year basis.

    Net sales increased to Rs 2,050 crore from Rs 1,890 crore (YoY).

    ABB has won orders worth Rs 1,394 crore as against Rs 2,377 crore (YoY).

    first published: Feb 23, 2011 02:12 pm

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