ABB India Q2 Profit Down 20%, Dividend Declared

ABB India, which works in areas like electricity and automation, made less profit this past quarter.

Their profit was down 20%, totaling ₹352 crore.

Although profits were down, the company made more money overall, but spent more too.

Despite the profit decrease, the company is giving some of its profits back to shareholders as dividends.

The company continues to have a strong cash position.