ABB India Q1 Results Live : ABB India announced their Q1 results on 10 May, 2024, showcasing a significant growth in both revenue and profit. The topline increased by 27.75% year-on-year, while the profit surged by 87.55% compared to the same period last year.
The company also saw a positive growth compared to the previous quarter, with revenue growing by 11.71% and profit increasing by 35.62%.
Selling, general & administrative expenses for ABB India rose by 22% quarter-on-quarter and increased by 17.73% year-on-year.
Operating income showed a strong performance, up by 38.89% quarter-on-quarter and increased by an impressive 107.02% year-on-year.
The earnings per share (EPS) for Q1 stood at ₹21.69, marking an 87.46% year-on-year increase.
Market performance metrics for ABB India include a 4.53% return in the last week, 62.05% return in the last 6 months, and 49.42% year-to-date return.
Currently, ABB India boasts a market capitalization of ₹148020.1 Cr with a 52-week high/low of ₹7218 and ₹3800.28 respectively.
Analyst ratings for ABB India as of 12 May, 2024, show 1 analyst with a Strong Sell rating, 6 analysts with a Sell rating, 9 analysts with a Hold rating, 3 analysts with a Buy rating, and 5 analysts with a Strong Buy rating.
The consensus recommendation as of 12 May, 2024, for ABB India was to Hold.
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 3080.36 | 2757.49 | +11.71% | 2411.21 | +27.75% |
| Selling/ General/ Admin Expenses Total | 221.13 | 181.26 | +22% | 187.83 | +17.73% |
| Depreciation/ Amortization | 31.42 | 32.92 | -4.56% | 27.48 | +14.34% |
| Total Operating Expense | 2546.6 | 2373.19 | +7.31% | 2153.38 | +18.26% |
| Operating Income | 533.76 | 384.3 | +38.89% | 257.83 | +107.02% |
| Net Income Before Taxes | 617.09 | 453.73 | +36% | 327.85 | +88.22% |
| Net Income | 459.29 | 338.66 | +35.62% | 244.89 | +87.55% |
| Diluted Normalized EPS | 21.69 | 16.29 | +33.17% | 11.57 | +87.46% |
FAQs
Question : What is the Q1 profit/Loss as per company?
Ans : ₹459.29Cr
Question : What is Q1 revenue?
Ans : ₹3080.36Cr
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Published: 12 May 2024, 02:55 AM IST
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