ABBOTT INDIA Announces Quarterly Results (1QFY20); Net Profit Up 41.9%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Markets will remain closed on 25th May, 2020 on account of Id-Ul-Fitr (Ramzan Id).

ABBOTT INDIA Announces Quarterly Results (1QFY20); Net Profit Up 41.9%
Thu, 8 Aug

ABBOTT INDIA has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

ABBOTT INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m8,4499,0639,98910.2%18.2%
Other incomeRs m2182942960.8%36.0%
TurnoverRs m8,6679,35710,2859.9%18.7%
ExpensesRs m7,3367,5348,2479.5%12.4%
Gross profitRs m1,1141,5291,74213.9%56.4%
DepreciationRs m4049148201.4%270.9%
InterestRs m6820170.7%262.5%
Profit before taxRs m1,2861,7661,8705.9%45.4%
TaxRs m46263470010.4%51.7%
Profit after taxRs m8241,1321,1693.3%41.9%
Gross profit margin%13.216.917.4
Effective tax rate%35.935.937.4
Net profit margin%9.512.111.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 18.2% on a year-on-year (YoY) basis. The expenses were up by 12.4% YoY during the same period.
  • The company's operating profit increased by 56.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.4% in 1QFY20 as against 13.2% in 1QFY19.
  • Depreciation charges increased by 270.9% and finance costs increased by 262.5% YoY, respectively.
  • Other income increased by 36.0% YoY during the quarter.
  • Net profit for the quarter increased by 41.9% YoY. Net profit margins during the quarter increased from 9.5% in 1QFY19 to 11.4% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 10.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.5% QoQ during the same period.
  • The company's operating profit increased by 13.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.4% in 1QFY20 as against 16.9% in 4QFY19.
  • Net profit for the quarter increased by 3.3% QoQ, while net profit margins declined from 12.1% in 4QFY19 to 11.4% in 1QFY20.

To see how ABBOTT INDIA has performed over the last eight quarters,please visit here.

ABBOTT INDIA Share Price Performance

Over the last one year,ABBOTT INDIA share price has moved up from Rs 8,036.7 to Rs 9,093.8, registering a Gain of Rs 1,057.1 or around 13.2%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 12,627.5 (up 0.5%). Over the last one year it has moved down from 14,502.8 to 12,627.5, a gain of 1,875 points (down 12.9%).

Overall, the S&P BSE SENSEX is down 1.4% over the year.

Current Valuations

At the current price of Rs 9,093.8, the price to earnings (P/E) ratio of ABBOTT INDIA stands at 39.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 11.4 times.

Equitymaster requests your view! Post a comment on "ABBOTT INDIA Announces Quarterly Results (1QFY20); Net Profit Up 41.9%". Click here!

  

Related Views on News

ABBOTT INDIA Announces Quarterly Results (3QFY20); Net Profit Up 59.5% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, ABBOTT INDIA has posted a net profit of Rs 2 bn (up 59.5% YoY). Sales on the other hand came in at Rs 11 bn (up 13.8% YoY). Read on for a complete analysis of ABBOTT INDIA's quarterly results.

ABBOTT INDIA Announces Quarterly Results (4QFY19); Net Profit Up 13.1% (Quarterly Result Update)

May 28, 2019 | Updated on May 28, 2019

For the quarter ended March 2019, ABBOTT INDIA has posted a net profit of Rs 1 bn (up 13.1% YoY). Sales on the other hand came in at Rs 9 bn (up 15.0% YoY). Read on for a complete analysis of ABBOTT INDIA's quarterly results.

More Views on News

Most Popular

Protect Your Wealth from Fund Managers(Fast Profits Daily)

May 14, 2020

Do you know how much you are paying in fees to your mutual fund? In this video I'll share with you my views.

Covid-19 Offers a Rare Opportunity to Own This Brand Leader(Profit Hunter)

May 12, 2020

Covid-19 has compounded uncertainties in investing but this smallcap company is strong enough to survive and even emerge stronger.

Of India's 20 Trillion Stimulus Package and the Swoosh Index for a Swoosh Recovery(Profit Hunter)

May 13, 2020

For India's rapid economic recovery, hopping on to the Swoosh index is a must.

How Commodity Prices Tell You When Stocks Will Go Up(Fast Profits Daily)

May 20, 2020

Commodity prices often provide clues to big moves in stock markets. In today's video, I'll explain this link.

Why Buffet - and you - should study Quantum Liquid Fund(The Honest Truth)

May 14, 2020

Ajit Dayal on how Quantum Liquid Fund and Warren Buffett have similar investing styles.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

ABBOTT INDIA SHARE PRICE


May 22, 2020 (Close)

TRACK ABBOTT INDIA

  • Track your investment in ABBOTT INDIA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

ABBOTT INDIA 5-YR ANALYSIS

COMPARE ABBOTT INDIA WITH

MARKET STATS