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ABB India : Company Profile

Posted by rangoli On 11:22 AM
ABB Limited (India) served utility and industry customers with the engineering, products, solutions and services in areas of automation and power technology. The Company segments includes: power systems, which offers turnkey systems and services for transmission and distributions for power grid and power plants, instrumentation, control and balance of power plants; power products, which manufactures, engineers, supplies key components to transmit and distribute electricity, and also produces transformers, high and medium voltage switchgears, circuit breakers, capacitors, distribution relays; process automation, which provides integrated solutions and served oil and gas, power, chemicals and pharmaceuticals, pulps and paper, metals and minerals, marine and turbo charging industries; automation products, which provides motors, variable speed drives, low voltage products, instrumentation and power electronics; Others consists of robotics systems.


BRIEF: For the nine months ended 30 September 2009, ABB Limited(India)'s revenues decreased 7% to RS44.03B. Net income decreased 31% to RS2.45B. Revenues reflect a decrease in income from power systems and power products segments respectively. Net income also reflects an increase in depreciation & amortization expenses, a rise in other expenditure, lower other income and increased interest expense.

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