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    Malaysian delegation led by Malaysian Indian Congress President Tan Sri S. Vigneswaran M. Sanasee met with Karnataka Chief Minister D.K. Shivakumar

    Prime Minister addresses the Indian Diaspora in Australia .

    PM addressing at the Australia-India CEO Forum at Melbourne, in Australia on July 09, 2026.

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    BlueRose Technologies Launch Worlds First Ever Digital Heirloom – LifeTree.

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    V. Somanna, Hon’ble Union Minister of State for Railways and Jal Shakti lays foundation stone for Pedestrian Subway.

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    BlueRose Technologies Launch Worlds First Ever Digital Heirloom – LifeTree.

    PM addressing at the Australia-India CEO Forum at Melbourne, in Australia on July 09, 2026.

    Prime Minister addresses Australia-India CEOs Forum and Economic Roadmap Business event

    TCS begins FY27 with continued growth; wins multiple AI transformation deals.

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    KATALYST CONNECT: Chief Minister D.K. Shivakumar Chairs Strategic Meeting with GCC Leaders to Shape Karnataka’s Next Phase of Innovation-Led Growth.

    OPPO India Elevates Creative Photography with Reno16 Series featuring AI Portrait Camera and AI Remix Collage.

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    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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    BlueRose Technologies Launch Worlds First Ever Digital Heirloom – LifeTree.

    Katrina Kaif Is Back as Bonn’s Face – How the Brand Is Turning Her Star Power Into Lasting Brand Equity

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    ABD's ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in May 2026

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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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