ABB Power Products and Systems Dec qtr results: Net profit rises 55% to Rs 55 cr
NEW DELHI: ABB Power Products and Systems India on Friday reported a nearly 55 per cent rise in its net profit at Rs 55 crore in the December quarter due to higher revenues and realisation of old receivables.
Hitachi ABB Power Grids in India is listed as ABB Power Products and Systems India Ltd on Indian bourses.
It had a net profit of Rs 35.5 crore in the quarter ended on December 31, 2019, a BSE filing stated.
