Abbott India Q2 profit rises 16% on higher sales, improved margins Revenue from operations grew 7.7% to ₹1,757 crore, up from ₹1,633 crore a year earlier, the company said in its exchange filing. The healthcare major’s EBITDA rose 14.5% to ₹502.6 crore from ₹439 crore in the corresponding quarter last year. Abbott Laboratories is a US-based medical devices and health care company founded in 1888 by Wallace Calvin Abbott . It produces drugs, diagnostics, nutritional products and more, and operates worldwide with over 114,000 employees. Abbott India Limited is a subsidiary of Abbott Laboratories, offering high-quality medicines in multiple therapeutic categories. Learn about its history, products, and quality standards since 1910. Learn about Abbott 's expansive health network, legacy of innovation, and research and manufacturing facilities in India.