Expanding demand across segments; solid execution

ABB India Limited posts July-September quarter (Q3) CY2026 results

July-September Q3 CY2026 HIGHLIGHTS

All values are Y-o-Y with July-September Q3 CY2025 comparison

• Record Q3 orders, up 56%
• Strong Order backlog at INR 12,927 Crores up 36%
• Revenue for Q3 up by 19%
• Op EBITA, PAT up by 15% and 10% respectively
• Stakeholder and value chain focused approach with sustainability capability-building sessions for more than 200 focused suppliers

KEY FIGURES INR Crores (for continuing business)

Country Managing Director, Sanjeev Sharma's commentary on Q3 CY2026

"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 industrialization, electrification, digitalization and the energy transition continue to support attractive growth opportunities, positioning us well for the quarters ahead. I thank our employees for their continued commitment and customer focus."

Outlook

ABB India retains strong backlog, which is providing visibility into the coming quarters. Demand trends remain supported by investments in data centers, grid modernization, renewable energy integration and energy-transition projects, alongside ongoing capex plans across metals, cement, rail, buildings.

The Company remains focused on successful backlog execution, implementing continuous efficiency measures and disciplined capacity expansions to support a profitable growth momentum. ABB India's local manufacturing base, technology leadership and broad market exposure position it to capture opportunities linked to electrification, automation and industrial digitalization amid a dynamic demand environment.

Orders

Total orders for the third quarter CY2026 were at INR 4,733 crore, grew 56% YoY and reached a quarterly record level. Electrification led the order growth journey with growth across all segments, Motion witnessed growth across select segments especially railways and service and Automation, while muted, clocked an increase in export orders. Key growth segments include data centers, utilities, metals and mining, food and beverage, cement and buildings and infrastructure.

Key orders for the quarter included:
Electrification: Modular low voltage switchgear panels for hyperscale data center majors, compact secondary substations, e-houses for IT services and software major, Air circuit breakers (ACBs), moulded-case circuit breakers (MCCBs) for national major in electrical products distribution. ACBs and MCCBs for renewable energy projects, indoor breakers and relays for power equipment major

Motion: Propulsion equipment for railways; high-performance motors & system drives for metals and mining equipment customer, wind turbine converters for energy company, high voltage synchronous motors for an engines and generation solutions company

Automation: SCADA solutions for oil & gas company; measurement and analytics for mining; control and instrumentation solutions for cement major

Order Backlog

As of end of this quarter, ABB India continues to have a strong order backlog, at INR 12,927 crore mark in Q3 CY2026 up by 36% Y-o-Y, providing good revenue visibility, and well aligned to support growth plans in the coming quarters. The strong backlog increase was driven by the surge in Electrification and growth in Motion as backlog increased in all the three business areas.

Revenues

The Company continued the revenue uptrend Y-o-Y with INR 3,738 crore for Q3 CY2026. There was positive momentum in Electrification & Motion, largely driven by broad-based demand and effective execution of the order backlog while in Automation it remained muted due to timing of delivery of system orders.

Earnings

Operational EBITA

Operational EBITA increased 15% to INR 484 crore. The operational EBITA margin was 12.9% (13.4% in Q3 CY2025), reflecting higher commodity and logistics costs, currency volatility, pricing pressure in select markets, and lower volumes in certain businesses.

EBITDA

EBITDA grew 14% to INR 552 crore, with a margin of 14.8% (15.5% in Q3 CY2025).

Profit before tax

Profit before tax increased 10% to INR 581 crore.

Profit after tax

Profit after tax increased 10% to INR 440 crore.

EPS

The Company reported EPS of INR 20.76 for Q3 CY2026 as compared to INR 18.79 in third quarter last year.

Sustainability

ABB India continued to make strong progress on its sustainability agenda. By Q3 CY2026, the company achieved an ~85% reduction in Scope 1 and 2 greenhouse gas emissions (YTD versus 2019 baseline), reaffirmed its RE100 commitment to source 100% renewable electricity, and diverted 99.9% of waste from landfill. The Peenya facility entered the final stage of Alliance for Water Stewardship (AWS) certification and, upon certification of managing water responsibly with all stakeholders, will become ABB India's second AWS-certified site after Nelamangala. The company also strengthened water stewardship through stakeholder collaboration and conducted sustainability capability-building sessions for over 200 focused suppliers, supporting assessments and continuous improvement across its value chain.

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and around 110,000 employees worldwide. www.abb.com