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Latest news about ABB

ABB India Secures ₹174 Crore Order for Wind Turbine Components 2 days ago

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.

ABB India Faces INR 5.70 Crore Customs Penalty, Plans Appeal Aug 18, 2025

ABB India Reports Mixed Q2 Results: Revenue Growth Offset by Margin Pressures Aug 08, 2025

ABB India Reports Record Backlog and Ramps Up Product Localization Aug 05, 2025

ABB India Celebrates 30 Years on NSE Amid Structural Challenges Aug 04, 2025

More news about ABB

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.