ABB India Profit Rises 7.9% To ₹370.07 Crore In Q1 FY27

ABB India Limited has reported a consolidated net profit of ₹370.07 crore for the quarter ended 30 June 2026, marking a 7.9 per cent increase compared to the corresponding quarter of the previous fiscal year. The company's total revenue from operations for the quarter stood at ₹3,558.87 crore, up 21 per cent from ₹2,940.47 crore year-on-year.

The financial performance of the company was driven by an increase in total income, which reached ₹3,651.54 crore for the quarter, up from ₹3,040.22 crore in the same quarter last year. However, consolidated expenses for the period rose to ₹3,152.77 crore, compared to ₹2,578.84 crore in the quarter ended 30 June 2025.

The company's profit from discontinued operations after tax resulted in a loss of ₹7.77 crore for the quarter, compared to a profit of ₹9.19 crore in the year-ago period. This was due to the impact of the sale of its robotics business in March 2026, which is disclosed under discontinued operations.

Basic earnings per share for continuing operations stood at ₹17.46 for the quarter ended 30 June 2026, compared to ₹16.17 in the year-ago quarter. For continuing and discontinued operations combined, basic EPS was ₹17.09, against ₹16.60 in the previous year's corresponding quarter.

The Board of Directors of ABB India Limited has declared a special dividend of ₹90.00 per equity share of face value ₹2 each, which was decided at its meeting held on 31 July 2026.

In other developments, ABB has invested $75 million in India to expand its manufacturing and R&D capabilities in 2026. The company has also renamed its erstwhile Process Automation segment as Automation, effective 1 January 2026, reflecting its evolving operational structure.

For the half-year ended 30 June 2026, the consolidated net profit increased to ₹2,145.95 crore, up from ₹826.37 crore in the same period last year. Total revenue from operations for the half-year rose to ₹6,742.93 crore from ₹5,950.54 crore previously.

The company's strong financial performance is a positive sign for the industry, and the special dividend declared by the Board of Directors is expected to benefit shareholders. The investment in India and the renaming of the Automation segment are also expected to drive growth and expansion for the company in the future.

In terms of significance, ABB India's financial performance is a reflection of the company's ability to adapt to changing market conditions and invest in new technologies and capabilities. The company's commitment to expanding its presence in India is also a positive sign for the country's manufacturing and R&D sectors.

Overall, ABB India's Q1 FY27 results are a strong indication of the company's financial health and its ability to drive growth and expansion in the future.