ABB Latest Updates

$ABB Q1 CY2026 Financial & Order Book Surge For the first quarter ended March 31, 2026, the company posted a standalone operational revenue of ₹3,184 crore, representing a 6% year-on-year growth driven by demand across core industries. Total order inflows for the quarter surged 25% YoY to ₹4,280 crore, pushing the company’s executable order backlog to a strong ₹11,094 crore (+17% YoY) and providing multi-year revenue visibility. Robotics Gains & Profit Profile The company reported a massive standalone net profit of ₹1,784 crore for the first quarter, heavily amplified by a substantial one-time exceptional gain from the strategic restructuring and sale of its Robotics business segment. Excluding this one-time transaction, underlying operating profits faced mild pressure due to raw material cost inflation and foreign exchange volatility. Major USD 75 Million Expansion ABB India announced a fresh capital investment blueprint totaling USD 75 million (approximately ₹625 crore). This funding is dedicated to scaling up the company's domestic manufacturing footprint and R&D infrastructure over five regional locations, explicitly targeting high-growth infrastructure sectors including data centers, metro rail, and renewable energy grids. Kolkata Metro Electrification Mandate In a major domestic operational development on June 24, 2026, the company secured a critical contract to provide complete electrification and advanced motor propulsion systems for the Kolkata Metro expansion. Under this infrastructure mandate, ABB will supply medium-voltage switchgear, protection relays, and energy-efficient digital powertrain components to modernize regional transit lines. Top-Tier Management Transition In formal regulatory disclosures submitted under SEBI LODR, the company announced a major structural shift in its top leadership.