{"id":140957,"date":"2023-02-10T08:58:08","date_gmt":"2023-02-10T13:58:08","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140957"},"modified":"2023-02-10T08:58:09","modified_gmt":"2023-02-10T13:58:09","slug":"abbott-india-ltd-ltd-nse-abbottindia-q3-fy23-results-out-total-income-rises-10-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/abbott-india-ltd-ltd-nse-abbottindia-q3-fy23-results-out-total-income-rises-10-yoy\/","title":{"rendered":"ABBOTT INDIA LTD Ltd. (NSE: ABBOTTINDIA): Q3 FY23 Results Out; Total Income Rises 10% YoY"},"content":{"rendered":"\n

Abbott India Limited (NSE:ABBOTTINDIA)<\/a> is a subsidiary of Abbott Laboratories, a multinational healthcare company. It was established in India in 1944 and is headquartered in Mumbai. The company operates in the pharmaceutical and medical devices industries, offering a wide range of products, including prescription medicines, diagnostic equipment, and nutritional products. Abbott India is committed to improving the health and well-being of people in India, and has been actively involved in various initiatives to enhance healthcare in the country. The company has a strong presence in the Indian market and has a reputation for delivering high-quality products and services.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The company has recently reported its financial results for the December 2022 quarter, compared to the same quarter in the previous year and the September 2022 quarter.<\/p>\n\n\n\n

In December 2022, the company’s sales increased to INR 1,326 crore, compared to INR 1,224 crore in December 2021, representing a growth of 8.39%. The company’s expenses increased to INR 1,010 crore in December 2022, compared to INR 955 crore in December 2021, reflecting an increase of 6.06%. As a result, Abbott India’s operating profit increased to INR 316 crore in December 2022, compared to INR 269 crore in December 2021, representing a growth of 17.24%. The operating profit margin increased from 22% in December 2021 to 24% in December 2022.<\/p>\n\n\n\n

Abbott India’s net profit increased to INR 247 crore in December 2022, compared to INR 199 crore in December 2021, representing a growth of 24.12%. The company’s earnings per share (EPS) increased from INR 93.74 in December 2021 to INR 116.16 in December 2022, reflecting a growth of 24.13%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Abbott India Limited (NSE:ABBOTTINDIA) is a subsidiary of Abbott Laboratories, a multinational healthcare company. It was established in India in 1944 and is headquartered in Mumbai. The company operates in the pharmaceutical and medical devices industries, offering a wide range of products, including prescription medicines, diagnostic equipment, and nutritional products. Abbott India is committed to […]<\/p>\n","protected":false},"author":1932,"featured_media":140960,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5747],"tags":[1115],"class_list":["post-140957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-healthcare-stocks","tag-pharmaceuticals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/57ca1fbd-1e9f-4485-9d2a-390769e80ed6.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":146768,"url":"https:\/\/alphastreet.com\/india\/earnings-abbott-india-ltd-nse-abbottindia-q4fy23-results-out-total-income-rises-9-yoy\/","url_meta":{"origin":140957,"position":0},"title":"Earnings | Abbott India Ltd (NSE: ABBOTTINDIA): Q4FY23 Results Out; Total Income rises 9% YoY.","author":"Divyansh_Kasana","date":"May 19, 2023","format":false,"excerpt":"Abbott India Ltd is a prominent multinational pharmaceutical company operating in India. 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