Abbott India Q1 net up 88.64%

Abbott India Ltd has registered a 88.64 per cent rise in net profit at Rs 19.43 crore (Rs 194.3 million) for the first quarter ended February 29 compared to Rs 10.3 crore (Rs 103 million) reported in the same period

of last year.

Total income in the period under review also increased to Rs 100.5 crore (Rs 1 billion) as against Rs 82.73 crore (Rs 827.3 million) recorded in Q1 of last year, the company informed Bombay Stock Exchange on Tuesday.