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flag ABB India reports a significant drop in Q2 net profit despite revenue growth, impacting stock performance.

flag ABB India reported a 21% drop in its Q2 net profit to Rs 352 crore, despite a 12.2% increase in revenue to Rs 3,175 crore from last year. flag The company's EBITDA declined 23.7% to Rs 414 crore, with margins shrinking to 13% from 19.2%. flag ABB India declared an interim dividend of Rs 9.77 per share, and its shares closed 2.22% lower on the Bombay Stock Exchange.

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