According to the company, its net profit for Q2 increased to Rs 75.06 crore from Rs 55.64 crore reported for the corresponding period of 2016.
The company revealed that it had received orders worth Rs 2,301 crore during the second quarter and had an order backlog of Rs 12,094 crore, as on June 30, 2017.
"Advanced preparation with a robust team ensured that we are well prepared to manage positive yet disruptive structural changes in India's eco system. We delivered into projects of national importance during the quarter with our best in class, future ready technologies made in India," said Sanjeev Sharma, Managing Director, ABB India.
"Our technology solutions are set to play a significant role for a nation riding the wave of development across utilities, industry, infrastructure and transportation."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.