However, EBITDA fell sharply by 27% to ₹408.4 crore from ₹559.6 crore a year ago, while EBITDA margin narrowed to 12.8% from 18.6%. The company attributed the decline in profitability to revenue shortfall, volatility in metal prices and adverse forex movements.
ABB India said total orders during the quarter rose 25% year-on-year to ₹4,280 crore, driven by healthy demand across industrial and emerging sectors. The company’s order backlog also increased 17%, providing improved revenue visibility.Demand trends remained healthy in Electrification and Motion businesses, supported by sustained industrial activity in India. Emerging opportunities from sectors such as data centres and renewable energy also aided order inflows during the quarter.
However, the Automation segment saw softer performance due to limited opportunities in select core industries. Orders from sectors such as railways and metros, metals and mining, energy and chemicals, and food and beverages remained relatively muted on a higher base.Country Head and Managing Director Sanjeev Sharma said ABB India’s diversified order book and strong customer engagement continue to position the company well for India’s upcoming industrial capex cycle, despite a dynamic operating environment.
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The company also announced a planned investment of $75 million to expand its manufacturing and R&D capabilities for critical segments.
ABB India ended the quarter with a cash position of ₹6,042 crore, excluding the robotics business.
Ahead of the earnings announcement, shares of ABB India closed 2.5% lower at ₹7,010 on the NSE.
