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Home Economy Abbott India Q1 profit up 42% to Rs 117 crore

Abbott India Q1 profit up 42% to Rs 117 crore

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Total income for the quarter under review rose to Rs 1,028.49 crore as against Rs 866.68 crore for the same period a year ago.

Drug firm Abbott India on August 8 reported 41.91 percent rise in net profit to Rs 116.94 crore for the quarter ended June 30, 2019.

The company had posted a net profit of Rs 82.40 crore for the year-ago period, Abbott India said in a filing to BSE.

Total income for the quarter under review rose to Rs 1,028.49 crore as against Rs 866.68 crore for the same period a year ago.

Shares of Abbott India were trading at Rs 8,739.70 per scrip on BSE, up 1.63 percent from the previous close.

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