Quarterly Result8 May 2026, 05:41 pm
ABB India Q1 CY26: Orders Up 25% YoY, ₹4,280 Cr
AI Summary
ABB India Ltd reported a strong start to CY2026 with a 25% YoY increase in orders, reaching ₹4,280 crore in Q1. The company announced a USD 75 million investment to expand manufacturing and R&D. Order backlog increased by 17% YoY to ₹11,094 crore. Revenue grew by 6% YoY to ₹3,184 crore, while profitability was impacted by revenue shortfall, metal price volatility, and forex fluctuations. The company is focused on sustainability targets and remains committed to RE100.
Key Highlights
- ABB India's Q1 CY26 orders increased by 25% YoY to ₹4,280 crore.
- Company announced USD 75 million investment for manufacturing and R&D expansion.
- Order backlog rose 17% YoY to ₹11,094 crore, providing revenue visibility.
- Q1 CY26 revenue increased by 6% YoY to ₹3,184 crore.
- Profitability was impacted by revenue shortfall and market volatility.