NEW DELHI: Engineering and power firm ABB India on Tuesday reported over 13% jump in its net profit to ₹116.19 crore during the quarter ended March 31, 2019, helped by higher income. The company, which follows January-December financial year, had posted a net profit of ₹102.49 crore during the corresponding period a year ago. During January-March 2019, the company said its total income rose to ₹1,869.37 crore, from ₹1,589.27 crore in the year-ago quarter. Its total expenses during the period was ₹1,730.68 crore as against ₹1,519.37 crore a year ago. ABB is a global player in electrification products, robotics and motion, industrial automation and power grids.
Source: Mint May 07, 2019 15:30 UTC