ABB India Q3 PAT rises 8.4% to Rs 85 cr
ABB India’s standalone net profit rose 8.4% to about Rs 85 crore on 7.64% fall in total revenue from operations to Rs 1,612.17 crore in Q3 September 2020 over Q3 September 2019.
Standalone profit before tax (PBT) rose 1.12% to Rs 113.96 crore in Q3 September 2020 as against Rs 112.69 crore in Q3 September 2019. Total tax expense for the quarter dropped 15.96% to Rs 28.47 crore as against Rs 33.88 crore in Q3 September 2019. The Q3 result was declared during market hours today, 5 November 2020.
Operational EBITA skid 13.44% to Rs 103 crore in Q3 September 2020 from Rs 119 crore in Q3 September 2019. The EBITA margin stands at 6.4% in Q3 FY21 as compared to 6.8% in Q3 FY20.
