Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended September 30, 2026 (Q3 FY26)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results for Q3 FY26

Date of Board Meeting / Approval: November 13, 2026 (commenced at 2:15 p.m., concluded at 4:20 p.m.)

Audit Opinion: Clean (unmodified limited review opinion)

Auditor's Comment: No qualifications or modifications. Nothing came to their attention that causes them to believe the statement contains any material misstatement.

Key Financial Highlights [₹ in Crores]

Standalone Results:

Revenue from Operations: ₹3,738.13 (19.4% increase from corresponding quarter last year at ₹3,130.11)

  • Sales of products and services: ₹3,701.93
  • Other operating revenues: ₹36.20

Total Income: ₹3,816.48

Net Profit: ₹442.52 (8.2% increase from corresponding quarter last year at ₹409.04)

EPS: ₹20.89 (Basic and Diluted)

Quarterly Comparison:

  • Preceding quarter (June 30, 2026): Revenue ₹3,558.87, Net Profit ₹362.30
  • Corresponding quarter (September 30, 2025): Revenue ₹3,130.11, Net Profit ₹409.04

Year-to-Date Figures (9 months ended September 30, 2026):

  • Revenue from operations: ₹10,481.06
  • Net Profit: ₹2,588.47
  • EPS: ₹122.16 (Basic and Diluted)

Expenses Breakdown:

  • Cost of raw materials, components consumed and project bought outs: ₹2,088.54
  • Purchases of stock-in-trade: ₹314.29
  • Employee benefits expense: ₹224.81
  • Finance costs: ₹5.42
  • Depreciation and amortization expense: ₹44.27
  • Other expenses: ₹609.83

Tax Expense: ₹140.82 (Current tax: ₹137.04, Deferred tax: ₹3.78)

Segment-wise Performance:

Segment Revenues:

  • Motion: ₹1,335.53 (13.7% YoY growth)
  • Electrification: ₹1,926.80 (39.8% YoY growth)
  • Automation: ₹505.22 (16.0% YoY decline)
  • Others: ₹5.03

Segment Results (Profit Before Tax and Interest):

  • Motion: ₹173.61 (4.4% YoY decline)
  • Electrification: ₹349.10 (28.9% YoY growth)
  • Automation: ₹71.52 (32.1% YoY decline)

Discontinued Operations:

The company reported profit from discontinued operations (after tax) of ₹2.70 crore for the quarter, primarily related to:

  • Power Grids business demerger to Hitachi Energy India Limited (pending consummation of certain matters)
  • Robotics business sold to ABB Robotics Schweiz AG on March 1, 2026

Corporate Actions:

Not Specified

Other Significant Information:

Paid-up equity share capital: ₹42.38 crore (Face value per share: ₹2)

Reserves excluding revaluation reserves: ₹7,793.61 crore (as of December 31, 2025)

Entities in Consolidation:

  • ABB Robotics India Private Limited (for period from January 1, 2026 to February 28, 2026, post which subsidiary was sold)
  • Standalone and consolidated financial results are identical as there were no transactions in the subsidiary company during the period