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ABB Q2 net profit down to Rs 38.31 crores

ABB Ltd has announced the Unaudited financial results for the quarter ended June 30, 2010.

The Company has posted a net profit of Rs 383.170 million for the quarter ended June 30, 2010 as compared to Rs 836.084 million for the quarter ended June 30, 2009. Total Income has decreased from Rs 15258.705 million for the quarter ended June 30, 2009 to Rs 14685.465 million for the quarter ended June 30, 2010.

The stock was trading at Rs.809.05, down by Rs.37.50 or 4.43%. The stock hit an intraday high of Rs.855.80 and low of Rs.808.

The total traded quantity was 189141 compared to 2 week average of 124549.

Source: Equity Bulls

Posted On: 7/30/2010 2:23:29 AM

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