ABB India delivered an 8.2% rise in third-quarter net profit on Friday as heavy infrastructure spending across core industrial sectors powered sales higher. The standalone net profit climbed to ₹443 crore for the July-September quarter of calendar year 2026, up from ₹409 crore in the corresponding quarter last year. Revenue from operations leaped 19.4% to ₹3,738 crore compared to ₹3,130 crore clocked twelve months earlier. Investors responded quickly. Shares of ABB India settled 1.37% higher at ₹7,045.00 on the BSE, adding ₹95.00 during Friday's trading session.
But profitability met slight friction on the operational front. Earnings before interest, tax, depreciation, and amortisation (EBITDA) expanded 13.7% to ₹552 crore from ₹486 crore a year ago. Operating EBITDA grew 15%. Yet the EBITDA margin contracted 70 basis points to 14.8% against 15.5% recorded in the prior-year period, reflecting margin pressures even as absolute operating profits grew.
Customer intake surged across core business segments. ABB India logged a 56% year-on-year surge in new orders during the September quarter—marking an all-time record intake for the third quarter at ₹4,733 crore. That intake drove the total order backlog to ₹12,927 crore, a 36% jump over the year-ago balance.
The accumulating backlog provides clear operational visibility over the coming quarters. Demand remained firm across multiple verticals, powered by continuous capital allocation toward data centres, grid modernisation, renewable energy integration, and overarching energy-transition developments. Sustained private and public capital expenditure programs across metals, cement, rail networks, and commercial buildings reinforced order placement rates throughout the quarter.
| Financial Metric | Q3 CY2026 | Q3 CY2025 | YoY Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹3,738 crore | ₹3,130 crore | +19.4% |
| EBITDA | ₹552 crore | ₹486 crore | +13.7% |
| EBITDA Margin | 14.8% | 15.5% | -70 bps |
| Standalone Net Profit | ₹443 crore | ₹409 crore | +8.2% |
| Total Order Backlog | ₹12,927 crore | ₹9,505 crore |
Market Context: The divergence between ABB India's 56% order surge and its narrower margin expansion highlights the ongoing operational challenge facing electrical equipment manufacturers—delivering massive volume growth while managing elevated conversion costs across multi-year industrial contracts.
Country Managing Director Sanjeev Sharma pointed to balanced demand across key industrial verticals while affirming the firm's operational priorities.
We delivered a strong third quarter, with record Q3 orders, revenue growth and a healthy backlog reflecting continued customer confidence in ABB’s technology and solutions. Demand remained broad-based across industries, supported by investments in productivity, energy efficiency and sustainable growth. Despite a dynamic operating environment, we maintained our focus on disciplined execution and operational performance. Looking ahead, India’s structural growth drivers in industrialisation, electrification, digitalisation and the energy transition continue to support attractive growth opportunities, positioning us well for the quarters ahead.
Execution now dictates the pace. ABB India confirmed it will direct near-term efforts toward clearing its ₹12,927 crore backlog, deploying continuous efficiency measures, and maintaining disciplined capacity additions. Management indicated that domestic production facilities and exposure across industrial digitalisation will anchor delivery timelines as the company transitions into the final quarter of the calendar year.
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