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

Bengaluru, India – May 9, 2026 : ABB India today announced a strong beginning to the calendar year 2026, marked by robust order momentum and...

News Reach
News Reach Verified Media or Organization • 11 Apr, 2026 Agency
May 9, 2026 • 11:28 AM  0
Last Edited By: Sangri Today (1 hour ago)
S
Sangri Today Spotlight
BREAKING
News Reach
News Reach
2 hours ago
ABB India posts solid start to CY2026 led by strong demand in Jan-Mar quarter
d by strong demand in Jan-Mar quarter
Bengaluru, India – May 9, 2026 : ABB India today announced a strong beginning to the calendar year 2026, marked by robust order momentum and...
Full Story: https://www.sangritoday.com/spotlight/business/abb-india-posts-solid-start-to-cy2026-led-by-strong-demand-in-jan-mar-quarter
https://www.sangritoday.com/spotlight/business/abb-india-posts-solid-start-to-cy2026-led-by-strong-demand-in-jan-mar-quarter
Google News
Copied
ABB India posts solid start to CY2026 led by strong demand in Jan-Mar quarter
ABB India posts solid start to CY2026 led by strong demand in Jan-Mar quarter

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.

favorite Follow us for the latest updates:

News Reach Verified Media or Organization • 11 Apr, 2026 Agency

NewsReach offers an efficient and effective solution for publishing press releases.

home Home amp_stories Web Stories local_fire_department Trending play_circle Videos mark_email_unread Newsletter