Abbott India net profit at Rs.199 Million in Q3

Abbott India Ltd has announced the following Unaudited results for the quarter ended August 31, 2007.

The Company has posted a net profit of Rs 199.00 million for the quarter ended August 31, 2007 as compared to Rs 163.70 million for the quarter ended August 31, 2006. Total Income (net of excise) has increased from Rs 1423.60 million for the quarter ended August 31, 2006 to Rs 1625.00 million for the quarter ended August 31, 2007.

The stock was trading at Rs.580, up by Rs.9 or 1.58%. The stock hit an intraday high of Rs.584 and low of Rs.572.

The total traded quantity was 7050 compared to 2 week average of 10076.

Source : Equity Bulls

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