Abbott India announced a good increase in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company rose 29.58% to Rs 497.60 million from Rs 384.00 million in the same quarter last year.
Revenues for the quarter rose 22.78% to Rs 6,007.10 million, compared with Rs 4,892 million for the prior year period.
Earnings per share for the quarter stood at Rs 23.42, registering 29.61% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 6,007.10 | 4,892.40 | 22.78 |
| Net Profit | 497.60 | 384.00 | 29.58 |
| Diluted EPS | 23.42 | 18.07 | 29.61 |
Shares of the company gained Rs 60, or 1.56%, to settle at Rs 3,903.00. The total volume of shares traded was 300 at the BSE (Wednesday).
