ABB India Posts Strong Q1 Order Momentum

Order backlog stood at Rs 110.94 billion as of March thirty first, up seventeen per cent year on year and providing a cushion for future revenue conversion. Revenue for the quarter rose six per cent to Rs 31.84 billion despite delivery deferrals in metals and infrastructure and a cautious execution environment. Electrification delivered broad-based growth, motion was driven by low voltage motors and drives, while automation saw mixed performance with measurement and analytics gaining. Short cycle and retrofit orders supported revenue conversion and helped offset some execution delays.

Operational developments included the planned USD 75 mn expansion, the dispatch of the first locally made wind power converter from the Nelamangala facility and the launch of a next generation low voltage switchgear platform. The company completed automation, monitoring and cybersecurity upgrades on a major crude pipeline and supplied electrification and drives solutions for the Noida International Airport, which became operational during the period. These initiatives aim to strengthen manufacturing capabilities for rail, renewables and data centre infrastructure.

Profit before tax was Rs 4.62 billion and profit after tax was Rs 3.42 billion, with profitability impacted by an adverse revenue mix, higher input costs amid commodity and forex volatility and slower project execution. Cash remained robust at Rs 60.42 billion at quarter end. The company is positioned to capitalise on sustained domestic capex in manufacturing, energy and infrastructure even as geopolitical tensions may intermittently influence costs and logistics.