ABB India Q3 FY26 – Profitability Under Pressure

ABB India reported a mixed performance in the December 2025 quarter, with steady revenue growth but noticeable pressure on profitability due to margin contraction and higher costs. • Sales: ↑ 6% YoY to ₹3,557 crore (vs ₹3,365 crore in Dec 2024) • EBIDT: ↓ 17% YoY to ₹546 crore (vs ₹657 crore) • Net Profit: ↓ 18% YoY to ₹433 crore (vs ₹528 crore) • EPS: ↓ 18% YoY to ₹20.43 (vs ₹24.94) At a price of ₹5,987, market cap ₹1,26,870 crore, and PE 76, ABB India continues to show strong revenue momentum, but the decline in margins and earnings indicates near-term profitability pressure despite solid demand visibility.