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ABB India Q3CY26 Results: Net Profit Rises 11% to ₹440 Cr, Revenue Up 19.4%
Sentiment: NeutralHigh Priority
What Happened?
ABB India reported an 11% increase in net profit to ₹440 crore for Q3CY26, driven by a 19.4% rise in revenue to ₹3,738 crore. The company noted strong demand across various sectors.
Key points
- Net profit for Q3CY26 was ₹440 crore, up from ₹398 crore in Q3CY25.
- Revenue from operations rose to ₹3,738 crore from ₹3,130 crore year-on-year.
- Total orders for the quarter reached ₹4,733 crore, a 56% increase YoY.
- ABB India has a strong order backlog of ₹12,927 crore, up 36% YoY.
- Key growth segments include data centers, utilities, and food and beverage.
Key insights
- The significant order backlog suggests sustained growth potential for ABB India.
- Continued investments in electrification and automation may drive future revenue.
- The diverse demand across sectors indicates a robust market position.
Why it matters
The results indicate strong demand for ABB India's solutions, reflecting confidence in their technology.
Tags
Entities
ABB India· CompanySanjeev Sharma· Person
Source
Business Standard
