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ABB India Q4 CY23 Results Live : profit rise by 10.92% YOY

Livemint · 1y

ABB India reported its Q4 CY23 results, showing a 13.62% increase in revenue and a 10.92% increase in profit compared to the same period last year. However, there was a slight decline in revenue and profit compared to the previous quarter. The company's operating expenses increased both sequentially and year-over-year. The earnings per share for Q4 CY23 stood at ₹16.29, marking a 12.85% increase from the previous year. ABB India's stock performance has been positive, with strong returns in the last week, last 6 months, and year-to-date. Analysts have mixed opinions on the stock, with a consensus recommendation to Hold.