ABB India Ltd Q3CY21 PAT at Rs. 119.92 crores

ABB India Limited has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q3 CY2021) - QoQ Comparison

The company has reported total income of Rs. 1803.20 crores during the period ended September 30, 2021 as compared to Rs. 1450.17 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 119.92 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 70.26 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 5.66 for the period ended September 30, 2021 as compared to Rs. 3.31 for the period ended June 30, 2021.

Financials	Q3 CY2021	Q2 CY2021	% Change
Total Income	₹ 1803.20 crs	₹1450.17 crs	24.34%
Net Profit	₹119.92 crs	₹70.26 crs	70.68%
EPS	₹5.66	₹3.31	71.00%

Financial Results (Q3 CY2021) - YoY Comparison

The company has reported total income of Rs. 1803.20 crores during the period ended September 30, 2021 as compared to Rs.1632.27 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.119.92 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.80.74 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.5.66 for the period ended September 30, 2021 as compared to Rs.3.81 for the period ended September 30, 2020.

Financials	Q3 CY2021	Q3 CY2020	% Change
Total Income	₹ 1803.20 crs	₹1632.27 crs	10.47%
Net Profit	₹119.92 crs	₹80.74 crs	48.53%
EPS	₹5.66	₹3.81	48.56%

Financial Results (9 Months Ended CY2021) - YoY Comparison

The company has reported total income of Rs.4907.78 crores during the 9 Months period ended September 30, 2021 as compared to Rs.4212.69 crores during the 9 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.331.51 crores for the 9 Months period ended September 30, 2021 as against net profit / (loss) of Rs.161.66 crores for the 9 Months period ended September 30, 2020.

The company has reported EPS of Rs.15.64 for the 9 Months period ended September 30, 2021 as compared to Rs.7.63 for the 9 Months period ended September 30, 2020.

Financials	9 Months Ended CY2021	9 Months Ended CY2020	% Change
Total Income	₹4907.78 crs	₹4212.69 crs	16.50%
Net Profit	₹331.51 crs	₹161.66 crs	105.07%
EPS	₹15.64	₹7.63	104.98%

Shares of ABB India Limited was last trading in BSE at Rs. 1841.80 as compared to the previous close of Rs. 1848.10. The total number of shares traded during the day was 7141 in over 1045 trades.

The stock hit an intraday high of Rs. 1880.45 and intraday low of 1819.00. The net turnover during the day was Rs. 13139537.00.

Source : Equity Bulls

Keywords

ABBIndia Q3CY21 9MFY21 ResultUpdate