ABBOTT INDIA Announces Quarterly Results (4QFY18); Net Profit Up 137.9%

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ABBOTT INDIA Announces Quarterly Results (4QFY18); Net Profit Up 137.9%
Fri, 20 Jul

ABBOTT INDIA has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

ABBOTT INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Net SalesRs m7,1548,8157,884-10.6%10.2%
Other incomeRs m155190586208.4%279.3%
TurnoverRs m7,3099,0058,470-5.9%15.9%
ExpensesRs m6,5267,1826,817-5.1%4.5%
Gross profitRs m6291,6331,066-34.7%69.6%
DepreciationRs m384240-6.2%3.1%
InterestRs m20522333.3%10.5%
Profit before taxRs m7251,7761,591-10.4%119.4%
TaxRs m304622590-5.2%93.9%
Profit after taxRs m4211,1541,001-13.3%137.9%
Gross profit margin%8.818.513.5
Effective tax rate%42.035.037.1
Net profit margin%5.812.811.8
* 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 10.2% on a year-on-year (YoY) basis. The expenses were up by 4.5% YoY during the same period.
  • The company's operating profit increased by 69.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.5% in 4QFY18 as against 8.8% in 4QFY17.
  • Depreciation charges and finance costs increased by 3.1% YoY and 10.5% YoY, respectively.
  • Other income increased by 279.3% YoY during the quarter.
  • Net profit for the quarter increased by 137.9% YoY. Net profit margins during the quarter increased from 5.8% in 4QFY17 to 11.8% in 4QFY18.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 10.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.1% QoQ during the same period.
  • The company's operating profit declined by 34.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.5% in 4QFY18 as against 18.5% in 3QFY17.
  • Net profit for the quarter declined by 13.3% QoQ, while net profit margins declined from 12.8% in 3QFY17 to 11.8% in 4QFY18.

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 4,525.8 to Rs 7,347.0, registering a Gain of Rs 2,821.2 or around 62.3%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,611.1 (up 0.7%). Over the last one year it has moved down from 14,918.1 to 13,611.1, a gain of -1,307.0 points (down 8.8%).

Overall, the S&P BSE SENSEX is up 0.4% over the year.

Current Valuations

At the current price of Rs 7,347.0, the price to earnings (P/E) ratio of ABBOTT INDIA stands at 38.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 9.2 times.

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Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, ABBOTT INDIA has posted a net profit of Rs 1 bn (up 41.9% YoY). Sales on the other hand came in at Rs 10 bn (up 18.2% 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)

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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.

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