Abbott India reported a 13% year-on-year rise in net profit to Rs 328 crore for the quarter ending June 30, 2024, up from Rs 290 crore in the same period last year. Total income for the quarter increased to Rs 1,625 crore, compared to Rs 1,535 crore in Q1 FY24. The company’s shares ended +1.29% higher at Rs 28,159.95 on the BSE. For investors, Abbott India’s solid profit growth and revenue increase reflect strong financial health and may boost investor confidence in the stock.
Abbott India Reports 13% Increase in Q1 Net Profit
