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.
“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.