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    PHOTO CREDIT-PARIS FASHION WEEK.-L’Oréal Paris to Host Le Défilé at The Eiffel tower, Celebrating Sisterhood, Diversity and Inclusion

    L’Oréal Paris to Host Le Défilé at The Eiffel tower, Celebrating Sisterhood, Diversity and Inclusion

    ENVOYS OF SIX NATIONS PRESENT CREDENTIALS TO THE PRESIDENT OF INDIA .

    Union Minister H.D. Kumaraswamy Holds Talks with European Parliament’s ITRE Delegation.

    Marist University and IBM Launch Innovation Incubator with IBM z17, Expanding 50-Year Partnership to Advance AI Research and Student Career Readiness .

    UK-India Knowledge Corridor: University of Liverpool Launches Landmark Bengaluru Founder Batch in Whitefield

    New IBM CHRO Study: AI Puts Critical Thinking at the Center of Workforce Priorities.

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    PHOTO CREDIT-PARIS FASHION WEEK.-L’Oréal Paris to Host Le Défilé at The Eiffel tower, Celebrating Sisterhood, Diversity and Inclusion

    L’Oréal Paris to Host Le Défilé at The Eiffel tower, Celebrating Sisterhood, Diversity and Inclusion

    The Ministry of Minority Affairs strengthens its infrastructure, entrepreneurship and monitoring drive through partnerships with strategic institutions at IISc Bangalore on September 25, 2026

    Artistic Transformation: Sangeet Natak Academi Awardee Nirupama Rajendra Anchors High-Yield ‘Rasaraadhanam’ Solo

    ENVOYS OF SIX NATIONS PRESENT CREDENTIALS TO THE PRESIDENT OF INDIA .

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    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

    PHOTO CREDIT-Manipal-Kanakapura Road.,

    Manipal Hospital Kanakapura Road Sets a Broader Footprint in South Bangalore’s Healthcare Landscape with 360° Gut Care

    Dr. Elke Neujahr, Global CEO, DKMS; Patrick Paul, Executive Chairman, DKMS Foundation India, Dr. Lawrence Faulkner, Founder and Medical Director, Cure2Children and Mr. Rajat Kumar Agarwal, President, Sankalp India Foundation along with Patient and his family

    DKMS and Sankalp India Foundation Reach Milestone of 1,000 Lifesaving Paediatric Transplants for Thalassemia Patients.

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    The Ministry of Minority Affairs strengthens its infrastructure, entrepreneurship and monitoring drive through partnerships with strategic institutions at IISc Bangalore on September 25, 2026

    Airtel Flags 98.4 billion Spam Calls Amid Sharp Rise in Digital Fraud Cases

    India’s innovation surge will drive the vision of Viksit Bharat: Pralhad Joshi

    KEONICS at 50: State Moves to Scale IT Hubs Across Hubballi, Shivamogga, Kalaburagi, and Mangaluru

    Gwalior Telecom Zone Secures ₹700 Cr Commitment at Bengaluru Roadshow; Total Investments Touch ₹5,500 Cr.

    UK-India Knowledge Corridor: University of Liverpool Launches Landmark Bengaluru Founder Batch in Whitefield

  • Auto

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  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

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    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
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    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

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    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

    PHOTO CREDIT-AIR INDIA

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ABB India posts solid start to CY2026 led by strong demand in Jan-Mar quarter

FWM by FWM
May 9, 2026
in Business
0

Saturday, May 09, 2026 10:05:43 | ABB India

Bengaluru, India – May 9, 2026 – ABB India today announced a strong beginning to the calendar year 2026, marked by robust order momentum and continued revenue growth. For the first quarter ended March 31, 2026, the company posted a 25 percent year-on-year increase in orders, totaling ₹4,280 crore, which demonstrates resilient demand across key industrial segments. During this period, revenues grew by 6 percent to ₹3,184 crore, while the Profit After Tax stood at ₹342 crore. The company’s executable order backlog has reached ₹11,094 crore, representing a 17 percent increase compared to the previous year and providing solid visibility for future performance.

The company’s order intake for the quarter reflected strong demand conditions, with the Electrification and Motion businesses delivering robust growth fueled by sustained industrial activity. This was particularly evident in emerging sectors such as data centers and renewable energy, alongside steady contributions from railways and metros. While revenues increased to ₹3,184 crore, profitability was impacted by an adverse revenue mix, the execution of lower-margin orders, and elevated input costs amid forex volatility. Additionally, geopolitical tensions in West Asia led to increased logistics complexity and higher costs.

During the quarter, ABB India also announced a significant USD 75 million investment aimed at expanding its manufacturing and R&D capabilities for critical segments including renewable energy, metro rail, and data centers. Key operational milestones included the dispatch of the first locally manufactured wind power converter from the Nelamangala facility, the launch of the ARTU Formula next-generation low-voltage switchgear platform, and the completion of a major automation and cybersecurity upgrade for BPCL’s 937km Vadinar–Bina crude pipeline.

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“ABB India has built a strong and resilient foundation, anchored in our product, service and technology capabilities. This strength was reflected in a solid first quarter of CY2026, with healthy order traction and revenue growth driven by demand momentum across emerging and core industries. Our effective conversion of market opportunities into higher order inflows has further strengthened our diversified order book and enhanced revenue visibility. Backed by disciplined execution, strong customer engagement and loyalty to ABB India’s offerings, I am confident in our people and operating model as we continue to deliver consistent performance. With these strengths, ABB India is well positioned to capitalise on India’s next industrial capex cycle, even as we navigate a dynamic operating environment,” said Sanjeev Sharma, Country Head and Managing Director, ABB India.

Looking ahead, ABB India remains well-positioned to leverage resilient domestic demand, supported by government-led investments in infrastructure, grid modernization, and renewables. As a global technology leader in electrification and automation with over 140 years of history, ABB continues to enable a more sustainable and resource-efficient future by connecting engineering and digitalization expertise to help industries run at high performance.

FWM

FWM

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