ABB, a subsidiary of Swiss engineering group, has declared its third quarter results of CY10. The company’s Q3 net profit was down at Rs 11.5 crore versus Rs 83.1 crore (YoY).
Net sales were down at Rs 1,334 crore versus Rs 1,454 crore (YoY). ABB said Q3 net profit was hit mainly on lower price realisation.
Source : www.moneycontrol.com
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DENIP Consultants Pvt Ltd
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