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ABB India reports strong third-quarter growth with record orders and higher net profit

Reported by Arjun Sethi (Fact-Checker) · The Hindu - Business ·

Verified — Confirmed by a second source: Business Standard - Top Stories

Confirmed by a second source: Business Standard - Top Stories

Major
ABB India reports strong third-quarter growth with record orders and higher net profitPhoto: Wikimedia Commons

ABB India posted a 10% year-on-year increase in net profit to ₹440 crore for the third quarter of CY2026, according to company reports. Revenue grew 19% to ₹3,738 crore compared to the previous year. The company follows a January-December fiscal year, with the September quarter ending its latest reporting period.

Growth and Orders

Order inflows surged 56% to reach a quarterly record of ₹4,733 crore. The company's total order backlog stood at ₹12,927 crore, marking a 36% rise from the same period last year. Electrification led this order growth across all segments. The Motion business grew in select areas like railways and services, while Automation recorded more export orders despite remaining muted overall.

Leadership and Demand

Key demand drivers included data centres, utilities, metals and mining, food and beverages, cement, buildings, and infrastructure. ABB India Country Managing Director Sanjeev Sharma stated that the firm delivered a strong quarter with record orders and revenue growth. He added that structural growth drivers in industrialisation, electrification, digitalisation, and the energy transition continue to support attractive growth opportunities for the future.

Context

ABB India operates as a major player in electrification and automation, serving various industrial sectors across the country. Companies in this space often track order backlogs to measure future revenue potential and gauge ongoing demand in manufacturing and infrastructure.

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