ABB India Limited has released its unaudited financial results for the quarter ended September 30, 2024, showcasing a robust performance across its operational segments. The company reported a total revenue from operations of ₹2,912.16 crores, up from ₹2,769.19 crores in the corresponding quarter of the previous year.
Key Financial Highlights:
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- Net Interest Income (NII): The company achieved a net interest income of ₹92.89 crores, reflecting a significant increase compared to ₹76.82 crores in Q3 2023.
- Profit from Continuing Operations: The profit from continuing operations after tax for the quarter stood at ₹440.47 crores, compared to ₹362.00 crores in the same quarter last year, indicating a strong year-over-year growth.
Year-to-Date Performance: For the nine-month period ending September 30, 2024, ABB India recorded a total income of ₹9,090.16 crores, marking an increase from ₹7,913.13 crores in the previous year. The profit from continuing operations after tax for this period was ₹1,342.70 crores, a substantial rise from ₹902.98 crores in the previous year.
