Abbott India Reports Record PAT Amid Declining Cash Reserves in Q4 Results

Abbott India, a prominent player in the Pharmaceuticals & Drugs industry, has recently reported its financial results for the quarter ending December 2024. The company has experienced a notable shift in its evaluation, with its score adjusting from 7 to 3 over the past three months. In terms of performance, Abbott India achieved its highest Profit After Tax (PAT) in the last five quarters, reaching Rs 360.78 crore. This positive trend in PAT indicates a strengthening in profitability, as reflected in the earnings per share (EPS), which also peaked at Rs 169.78 during the same period. These figures suggest that the company has successfully generated higher earnings for its shareholders. However, not all aspects of Abbott India's financial health are favorable. The company's cash and cash equivalents have reached their lowest point in the last six half-yearly periods, totaling Rs 1,105.70 crore. This decline points to challenges in short-term liquidity, which could impact the company's operational flexibility. Overall, Abbott India's recent financial results highlight a complex landscape of strengths and challenges that warrant close attention. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.