ABB

Margin Forecast of 12-15% for FY26 as Backlog Impact Eases

ABB India expects margins to stabilize at 12-15% in FY26 as the effect of backlog conversion diminishes. The company reported a 56% YoY increase in Q3 net profit to Rs 528.41 crore, with revenues up 22% YoY to Rs 3,364.93 crore. Margins expanded to 19.5% in Q3 from 15% a year ago, driven by efficient backlog execution and market expansion.