The order is a ‘supply order’ for the manufacture and supply of 3.X wind turbine converters and electrical cabinets on a build-to-print basis, which will be conducted from the factory premises of ABB India at Nelamangala, the company said in the stock exchange filing.
The execution of the domestic order involves monthly deliveries starting from January 2026, which will continue until December 2026. The size of the order stands at ₹173.55 crore.
Earlier this month, ABB India reported its second-quarter results for the calendar year 2025. The company reported a year-on-year decline of 20.5% in net profit at ₹351.7 crore, compared to ₹443.5 crore in the same period a year ago. The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) also fell significantly during the April-June quarter, by 27% YoY to ₹441 crore. Its EBITDA margin also dropped to 13% from 19.2% a year ago.The company’s revenue, however, rose 12.2% in the second quarter of CY25 to ₹3175.4 crore, compared to ₹2,831 crore in the same period of the preceding fiscal.
Commenting on the performance, Managing Director of ABB India, Sanjeev Sharma, said, “While profitability was impacted by forex volatility and one-offs during the quarter, we continued to deliver double-digit PAT margins for the 11th consecutive quarter.”
Shares of ABB India climbed over a percent in morning trade to hit an intraday high of ₹5,056.25 per piece on the BSE. However, the stock pared some of its early gains to trade 0.76% higher at ₹5,039 apiece on the BSE at 12:36 PM.
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