The company Tuesday reported a net profit of Rs 58.6 crore for the December quarter, up 248 percent year-on-year, driven by a 122 percent jump in operating profits to Rs 149 crore. Growth in topline was a meager 6 percent.
ABB has declared its fourth quarter results. In an interview to CNBC-TV18, Amlan Datta Majumdar, chief financial officer of ABB says, he expects the margins to improve going forward.