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Latest news about ABB

ABB India Launches ArTu Formula Low Voltage Switchgear for Enhanced Power Distribution 2 days ago

ABB India launched its ArTu Formula Low Voltage Switchgear on January 23, 2026, offering a cutting-edge solution for power distribution and control across industrial, infrastructure, and commercial applications. The product is fully compliant with international standards IEC 61439 1 & 2, and IEC 61641, ensuring superior safety, reliability, and performance. The solution integrates seamlessly with ABB's comprehensive switchgear portfolio and supports India's Make in India initiative while addressing the nation's growing power infrastructure needs.

ABB CEO Says Electrification and Automation Will Drive Growth Beyond 2050, Eyes India Market Expansion 3 days ago

ABB India Modernizes BPCL's 935 km Vadinar-Bina Pipeline Infrastructure 4 days ago

ABB India Dispatches First Wind Power Converter from Nelamangala Facility Following Gamesa Electric Acquisition 6 days ago

ABB India Limited Confirms Non-Large Corporate Status Under SEBI Framework for FY25 Jan 13, 2026

More news about ABB

30Dec 25

ABB India Limited Receives ₹32.07 Lakh Penalty Order from Karnataka Tax Authority

ABB India Limited received a penalty order of ₹32.07 lakh from Karnataka's Deputy Commissioner of Commercial Taxes under Section 73 of the CGST Tax Act, 2017, for tax short payment or liability short-assessment. The order dated December 29, 2025, was received the same day. The company plans to file an appeal and expects a favorable outcome with no material impact on operations.

12Dec 25

ABB India Gets ESG Rating of 76 for FY2025

ABB India Limited received an ESG rating of 76 for FY2025 from NSE Sustainability Ratings & Analytics Ltd., placing it in the 'Leader' category. The company scored 80 in Environment (Strong), 73 in Social (Good), and 75 in Governance (Good). Environmental highlights include below-average greenhouse gas emissions and energy intensity, with improved water usage. Social metrics showed mixed results, while governance was strong in board composition and committee structures. ABB India also achieved a Core ESG Rating of 68. The company clarified that this assessment was independently conducted based on public information.

13Nov 25

ABB India Reports 14% Revenue Growth Amid Market Challenges in Q3

ABB India Limited reported a 14% year-on-year revenue growth in Q3, despite facing margin pressures and market challenges. Base orders grew by 13%, but overall orders declined 3% due to the absence of large contracts. The order backlog was maintained at Rs. 9,895.00 crores. Profitability declined 7% year-on-year but improved 16% quarter-on-quarter. The company faced challenges including Quality Control Order compliance requirements, increased competition, forex volatility, and delayed decision-making on large projects. Segment-wise, Electrification and Motion saw growth in base orders, Process Automation maintained consistent profitability, while Robotics had good order intake but muted profitability. ABB India remains cautiously optimistic about growth prospects in renewable energy, rail, metro, and data center sectors.

06Nov 25

ABB India Reports Mixed Q3 Results: Revenue Up, Profit Down

ABB India Limited reported Q3 FY2023 results with revenue growth of 13.7% to ₹3,310.72 crore, driven by strong order backlog execution. However, profit after tax declined 7.1% to ₹409.04 crore due to rising material costs. The company maintained a strong order backlog of ₹9,895 crore. Segment-wise, Robotics & Discrete Automation showed the highest growth at 62.7%, while other segments had varied performance. ABB India also reported progress on sustainability targets with an 87.05% reduction in greenhouse gas emissions year-to-date from a 2019 baseline.

28Oct 25

ABB India Boosts Local Manufacturing with New Energy-Efficient Drives Production Line

ABB India has launched a new production line for energy-efficient drives at its Peenya factory in Bengaluru, increasing local production capacity for variable speed drives by 25%. The expansion aligns with 'Atmanirbhar Bharat' and 'Make in India' initiatives, incorporating Industry 4.0 standards. The new line features integrated robotics, digital monitoring, and advanced quality control, expected to reduce lead times by up to 40%. It aims to serve buildings, data centers, water, cement, and metals sectors, reinforcing ABB's commitment to local manufacturing and energy efficiency in India.

16Oct 25

ABB's Global Parent Reports Mid-Single Digit Revenue Growth in Q4

ABB, the global technology company, has announced mid-single digit revenue growth for the fourth quarter. This performance by the parent company could have implications for ABB India, potentially influencing investor sentiment and market perception. The growth, achieved during a crucial fiscal period, may be seen as an indicator of ABB's overall market resilience and strategy.

08Oct 25

ABB Sells Robotics Division to SoftBank for $5.38 Billion, CEO Sees Greater Deal-Making Leverage

ABB has agreed to sell its global robotics division to SoftBank Group for $5.38 billion. The deal marks a significant shift in the robotics industry. ABB's CEO indicated that this sale provides the company with greater leverage for future deals, mentioning that ABB had previously considered a potential deal with Legrand. This move suggests ABB is actively reshaping its portfolio and may pursue further strategic acquisitions or partnerships.

25Sept 25

ABB India Boosts Energy Efficiency with ₹140 Crore Investment and Launch of IE5 Ultra-Premium Motors

ABB India is investing over ₹140 crore to expand its low voltage motors production capacity and has launched India's first locally manufactured IE5 ultra-premium efficiency motors. The new IE5 motors offer power ratings from 45 kW to 1000 kW, up to 40% lower energy losses compared to IE3 motors, and are designed for Indian operating conditions. They use proven induction technology without rare-earth metals, making them environmentally friendly and cost-effective. This investment reinforces India's position as a key global manufacturing hub for ABB and supports the country's industrial decarbonization efforts.

06Sept 25

ABB India Reports ₹64.64 Crore Q1 Profit, Reverses Solar Business Write-Down

ABB India Limited reported a net profit of ₹64.64 crore for Q1 2020, down from ₹91.83 crore in Q4 2019. Revenue from operations decreased to ₹1,522.24 crore from ₹1,953.33 crore. The company reversed an exceptional cost of ₹56.79 crore related to its solar inverter business after signing a Business Transfer Agreement with Marici Solar India Private Limited for ₹105.63 crore. COVID-19 lockdowns significantly impacted March volumes. Continuing operations generated a profit of ₹66.00 crore, while discontinued operations recorded a loss of ₹1.36 crore. Basic earnings per share stood at ₹3.05.

29Aug 25

ABB India Secures ₹174 Crore Order for Wind Turbine Components

ABB India Limited has received an order worth ₹173.55 crores from Siemens Gamesa Renewable Power Private Limited, Chennai. The contract involves supplying 3.X wind turbine converters and electrical cabinets. Manufacturing will take place at ABB India's Nelamangala factory, with monthly deliveries scheduled from January to December 2026. This order strengthens ABB India's position in the renewable energy sector and demonstrates its capability in producing critical wind energy components.

18Aug 25

ABB India Faces INR 5.70 Crore Customs Penalty, Plans Appeal

ABB India Limited has been imposed with customs penalties totaling INR 5.70 crore by the Office of the Principal Commissioner of Customs, Bengaluru. The penalties include a redemption fine of INR 3.00 crore and a penalty of INR 2.70 crore under Sections 125 and 114A of the Customs Act, 1962. The company plans to appeal against the order and is confident of a favorable outcome. ABB India does not expect any material impact from this order and has disclosed the development to stock exchanges in compliance with regulatory requirements.

08Aug 25

ABB India Reports Mixed Q2 Results: Revenue Growth Offset by Margin Pressures

ABB India Limited achieved record Q2 revenue of INR 3,175.00 crores, up 12% year-over-year, with an order backlog exceeding INR 10,000.00 crores. Base orders grew 5%, particularly in Electrification and Motion segments. However, profitability faced challenges with EBITDA margin declining to 13% due to Quality Control Order compliance, forex volatility, one-off costs, and competitive pressures. The company maintains a strong financial position with INR 5,054.00 crores cash balance and declared an interim dividend of INR 9.77 per share.

05Aug 25

ABB India Reports Record Backlog and Ramps Up Product Localization

ABB India plans to increase localization of products for the Indian market to strengthen channel partnerships. The company has achieved a record backlog exceeding Rs 10,000 crores, with deliveries scheduled over 18-24 months. ABB India maintains a 12-15% margin band and continues advancing software development for robotics. Over 90% of locally manufactured products are consumed within India. The company now serves 23 industry segments, up from six initially. ABB India's revenue has grown 20 times and profit after tax 37 times since 1994, with a threefold expansion in manufacturing footprint.

04Aug 25

ABB India Celebrates 30 Years on NSE Amid Structural Challenges

ABB India marked 30 years of listing on the National Stock Exchange with impressive long-term growth metrics, including a 68-fold increase in market capitalization. However, the company recently disclosed operational challenges, including structural weaknesses, declining order activity, and issues with order book performance. These challenges come despite the company's historical success in expanding its industry reach and maintaining consistent dividend payouts.

02Aug 25

ABB India Reports Mixed Q1 Results with Revenue Growth but Declining Profitability

ABB India Limited reported Q1 revenue of ₹3,175.44 crore, up 12.2% year-over-year. However, profitability was impacted with EBITDA decreasing to ₹413.00 crore and net profit falling to ₹352.00 crore. The company faced challenges from currency fluctuations resulting in a ₹56.50 crore loss and a ₹39.50 crore customer claim adjustment. The Board declared an interim dividend of ₹9.77 per share and approved advisors for valuing the Robotics & Discrete Automation segment following the parent company's decision to spin off its Robotics division.

02Aug 25

ABB India Declares Hefty 488.50% Interim Dividend and Approves Subsidiary for Robotics Business

ABB India has announced an interim dividend of Rs 9.77 per share (488.50% of face value) with a record date of August 8. The company's board also approved the incorporation of a wholly owned subsidiary for its robotics business, aligning with ABB Group's global plan. The total dividend payout will be approximately Rs 207.03 crore. The proposed robotics subsidiary will have an authorized capital of Rs 1 lakh, but no decision has been made regarding its divestment.

30Jul 25

ABB India and THINK Gas Forge Strategic Partnership to Drive Digital Innovation in City Gas Distribution

ABB India has partnered with THINK Gas to implement ABB Ability™ SCADAvantage solution, digitalizing and automating THINK Gas's City Gas Distribution network across 10 Indian states. The cloud-based system centralizes operations, providing real-time visibility and control from a Chennai-based control room. This implementation has resulted in up to 60% reduction in gas distribution operational costs, optimized manpower requirements, and improved process times. The partnership aligns with India's goal to increase natural gas usage to 15% of its energy mix by 2030.

30Jul 25

ABB India and THINK Gas Forge Strategic Partnership to Revolutionize City Gas Distribution

ABB India Limited has formed a strategic partnership with THINK Gas Private Limited to implement ABB's Ability™ SCADAvantage solution for digital innovation in city gas distribution across India. The system enables end-to-end automation of THINK Gas's network spanning 19 Geographical Areas in 10 states, including over 500 CNG stations and 550,000 DPNG connections. This centralized automation has led to up to 60% reduction in operational costs, improved efficiency, and enhanced decision-making capabilities. The partnership aligns with India's goal to increase natural gas usage to 15% of its energy mix by 2030.

29Jul 25

ABB India to Consider Q2 Results and Interim Dividend in Upcoming Board Meeting

ABB India Limited has scheduled a board meeting for August 2 to approve Q2 financial results and consider an interim dividend. The board will also discuss fixing a record date for the potential dividend. A trading window closure is in effect until August 4 for directors and designated employees.

17Jul 25

ABB India's Global Parent Forecasts Robust 9% Annual Order Inflow Growth

ABB Group has significantly increased its forecast for annual order inflow growth from 1% to 9%. This upward revision could potentially benefit ABB India through increased business opportunities, enhanced market confidence, and possible revenue growth. The revised projection may indicate improving conditions in key sectors such as power grids, industrial automation, robotics, and electric vehicle infrastructure.

17Jul 25

ABB India's Parent Company Projects Positive Outlook for 2025, Stable Performance in Q3

ABB, parent company of ABB India, forecasts a favorable business environment for 2025 with a positive book-to-bill ratio and mid-single digit revenue growth. The company expects year-over-year improvement in operational EBITA margin. For Q3, ABB anticipates mid-single digit revenue growth and stable operational EBITDA margin. The current trading situation remains largely unchanged, with some uncertainty regarding potential effects of trade tariffs.

09May 25

ABB India Expands Operations with 10-Acre Land Lease Approval

ABB India's board has approved a plan to lease 10 acres of land, signaling a significant expansion move. While specific details are not disclosed, this decision could lead to increased production capacity, operational enhancements, or strengthening of market position. The expansion aligns with India's push for increased domestic manufacturing and may contribute to economic growth.

09May 25

ABB India's Q1 CY25 Results: Profit Rises 3.3%, Misses Estimates

ABB India's Q1 CY25 results show growth but fall short of market expectations. Revenue increased by 2.60% to ₹3,159.60 crore, while net profit rose 3.30% to ₹474.60 crore year-over-year. The company secured total orders of ₹3,751.00 crore, driven by base orders and large contracts including railway traction equipment and data center power distribution technology.

24Apr 25

ABB India Drives Sustainability: Introduces EVs for Factory Operations in Bengaluru

ABB India has implemented electric vehicles for logistics operations in Bengaluru, focusing on transportation between its Smart Power factory campus and Hanchipura distribution centre. This initiative aims to reduce Scope-3 greenhouse gas emissions, aligning with the company's sustainability goals and India's push for electric mobility.

17Apr 25

ABB India Shows Signs of Recovery with 1% Growth in Latest Quarter

ABB India Limited has achieved a 1% growth in its latest quarterly results, marking a significant turnaround from the previous quarter's 21% decline. This represents a 22 percentage point improvement quarter-over-quarter. The positive shift suggests potential stabilization in the company's operations amidst challenging global economic conditions for industrial technology companies.

16Apr 25

ABB India Shares See Significant Block Trade on NSE

ABB India Ltd. experienced a significant block trade on the NSE, involving 40,586 shares at Rs. 5,419.50 per share, totaling Rs. 22 crores. This large transaction, likely executed by institutional investors or major stakeholders, highlights substantial interest in the industrial technology leader.

02Apr 25

ABB India Delivers Integrated Automation for IndianOil's Largest Pipeline Network

ABB India has successfully implemented its Ability™ SCADAvantage digital platform for IndianOil's Centralized Pipeline Information Management System (CPIMS). The project covers a 20,000 km pipeline network across India, managing 125 million metric tons of oil and 49 million metric standard cubic meters of gas annually. The solution includes robust cyber security, cloud-based disaster recovery, and centralized management capabilities. ABB will provide a 10-year service support contract. The project, awarded in February 2024, was designed and delivered within a year and is currently under commissioning.

04Mar 25

ABB Motion Invests in AI Start-up UptimeAI to Revolutionize Asset Management

ABB Motion, a division of ABB India Limited, has made a strategic investment in UptimeAI, an AI startup focused on industrial asset health and performance management. The partnership aims to improve predictive maintenance using AI and machine learning, addressing over 1,000 failure modes. Initial implementation will target the cement, metals, and water pipes industries in India. The investment, made through ABB Motion Ventures, combines machine learning with expert systems to provide insights into rotating equipment health and performance. Benefits include enhanced failure prediction, improved health forecasting, and optimized maintenance processes.

24Feb 25

ABB India Unveils 'Liora' Switch Range and Projects 10-15% Growth for FY26

ABB India introduced the 'Liora' modular switch range at ELECRAMA 2025, expanding its product portfolio in the electrical equipment sector. The company also forecasts a 10-15% growth rate for fiscal year 2026, anticipating eased backlog constraints. This combination of product innovation and projected growth indicates ABB India's efforts to strengthen its market position and potentially improve financial performance.

24Feb 25

ABB India Reports Robust Q3 Performance, Projects Stable Margins for FY26

ABB India's Q3 results show strong growth with net profit up 56% to ₹528.41 crore and revenue increasing 22% to ₹3,364.93 crore. Operating margin expanded to 19.5% from 15% last year. The company attributes this to efficient backlog execution and market expansion. ABB India forecasts FY26 margins in the 12-15% range as backlog conversion effects diminish. Operational efficiency improved with operating profit up 61.46% year-on-year to ₹615.8 crore in Q3 2024.

18Feb 25

ABB India Reports Record Q4 2024 Results Amid Slowing Growth and Increased Competition

ABB India Limited announced strong financial results for Q4 and full-year 2024, with Q4 revenue reaching INR 3,365 crore, a 22% year-on-year increase. The company's full-year revenue grew by 17% to INR 12,188 crore. A final dividend of INR 33.50 per share was recommended. ABB India also expanded its low voltage flameproof motor range. However, the company faces increased competition from Chinese players, leading to pricing pressure in the market.