Abbott India Q1 Profit Up 13% to Rs 328 Crore
By Rediff Money Desk, New Delhi Aug 07, 2024 21:30
Abbott India's net profit rose 13% to Rs 328 crore in Q1 FY24, driven by strong revenue growth. The company's share price closed up 1.29% on the BSE.
New Delhi, Aug 7 (PTI) Drug firm Abbott India on Wednesday said its net profit increased by 13 per cent year on year to Rs 328 crore for the first quarter ended June 30, 2024.
The company reported a net profit of Rs 290 crore in the April-June quarter of last fiscal.
Total income rose to Rs 1,625 crore for the period under review as against Rs 1,535 crore in the June quarter of FY24, Abbott India said in a regulatory filing.
Shares of the company on Wednesday ended 1.29 per cent up at Rs 28,159.95 apiece on the BSE.
The company reported a net profit of Rs 290 crore in the April-June quarter of last fiscal.
Total income rose to Rs 1,625 crore for the period under review as against Rs 1,535 crore in the June quarter of FY24, Abbott India said in a regulatory filing.
Shares of the company on Wednesday ended 1.29 per cent up at Rs 28,159.95 apiece on the BSE.
Source: PTI
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