Abbott India Q1 profit up 42% to Rs 117 crore

Drug firm Abbott India on Thursday reported 41.91 per cent 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 per cent from the previous close.