ABB???s net profit tumbles 54.16% in Q1
ABB has reported results for the quarter ended June 30, 2010.
The company???s net profit has declined by 54.16% to Rs 38.32 crore for the quarter ended June 30, 2010 as compared to Rs 83.61crore for the quarter ended June 30, 2009. Its total income for the quarter under review has decreased by 3.76% to Rs 1,468.55 crore as against Rs 1,525.87 crore for the previous year???s corresponding quarter.
ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact.
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