ABB India Reports Strong Financial Results for December 2024, Indicating Enhanced Operational Efficiency
ABB India has announced its financial results for the quarter ending December 2024, showcasing strong performance metrics. Key highlights include a significant increase in Profit Before Tax, Profit After Tax, and net sales, alongside a peak in operating profit and earnings per share, indicating improved operational efficiency and financial health.
ABB India has recently reported its financial results for the quarter ending December 2024, showcasing notable developments in its performance metrics. The company has experienced a significant adjustment in its evaluation, with its score rising to 16 from 8 over the past three months.The financial results indicate a robust performance in several key areas. Profit Before Tax less Other Income (PBT) reached Rs 622.01 crore, reflecting a year-on-year growth of 62.54%. Similarly, Profit After Tax (PAT) stood at Rs 534.55 crore, marking a year-on-year increase of 52.7%.
Net sales for the quarter were recorded at Rs 3,364.93 crore, the highest in the last five quarters, and demonstrated a year-on-year growth of 22.03%. Operating Profit (PBDIT) also reached a peak of Rs 657.34 crore, contributing to an operating profit margin of 19.54%, the highest in the same five-quarter period. Additionally, Earnings per Share (EPS) hit Rs 24.94, indicating enhanced profitability for shareholders.
These results reflect a positive trajectory for ABB India, highlighting the company's operational efficiency and financial health.
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