Financial Performance Summary

Q3 CY2026 Results (YoY Comparison with Q3 CY2025):

  • Orders: INR 4,733 crore, up 56% from INR 3,030 crore
  • Order Backlog: INR 12,927 crore, up 36% from INR 9,538 crore
  • Revenues: INR 3,738 crore, up 19% from INR 3,130 crore
  • Operational EBITA: INR 484 crore, up 15% from INR 420 crore
  • Operational EBITA %: 12.9% (down from 13.4%)
  • EBITDA: INR 552 crore, up 14% from INR 486 crore
  • EBITDA %: 14.8% (down from 15.5%)
  • Profit Before Tax: INR 581 crore, up 10% from INR 528 crore
  • Profit Before Tax %: 15.5% (down from 16.9%)
  • Profit After Tax: INR 440 crore, up 10% from INR 398 crore
  • Profit After Tax %: 11.8% (down from 12.7%)
  • EPS: INR 20.76 compared to INR 18.79 in Q3 CY2025

9M CY2026 Performance (January-September):

  • Orders: INR 13,376 crore (9M CY2025: INR 9,372 crore)
  • Revenues: INR 10,481 crore (9M CY2025: INR 9,081 crore)
  • Operational EBITA: INR 1,349 crore (9M CY2025: INR 1,297 crore)
  • Operational EBITA %: 12.9% (9M CY2025: 14.3%)
  • EBITDA: INR 1,412 crore (9M CY2025: INR 1,447 crore)
  • EBITDA %: 13.5% (9M CY2025: 15.9%)
  • Profit Before Tax: INR 1,541 crore (9M CY2025: INR 1,603 crore)
  • Profit Before Tax %: 14.7% (9M CY2025: 17.6%)
  • Profit After Tax: INR 1,152 crore (9M CY2025: INR 1,198 crore)
  • Profit After Tax %: 11.0% (9M CY2025: 13.2%)

Segment Performance

Orders Growth Drivers:

  • Electrification led growth across all segments
  • Motion witnessed growth in railways and service segments
  • Automation showed increase in export orders despite muted overall performance

Key Growth Segments: Data centers, utilities, metals and mining, food and beverage, cement, and buildings and infrastructure

Notable Orders:

  • Electrification: Modular low voltage switchgear panels for hyperscale data centers, compact secondary substations, e-houses for IT services company, circuit breakers for renewable energy projects and electrical distribution majors
  • Motion: Propulsion equipment for railways; high-performance motors & system drives for metals and mining; wind turbine converters for energy company; high voltage synchronous motors for engines and generation solutions company
  • Automation: SCADA solutions for oil & gas company; measurement and analytics for mining; control and instrumentation solutions for cement major

Margin Analysis

Operational EBITA margin declined to 12.9% from 13.4% in Q3 CY2025 due to:

  • Higher commodity and logistics costs
  • Currency volatility
  • Pricing pressure in select markets
  • Lower volumes in certain businesses

Management Commentary

Sanjeev Sharma, Country Managing Director, stated: \"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 broadbased across industries, supported by investments in productivity, energy efficiency and sustainable growth.\"

Outlook

  • Strong order backlog of INR 12,927 crore provides visibility into coming quarters
  • Demand trends supported by investments in data centers, grid modernization, renewable energy integration, and energy-transition projects
  • Ongoing capex plans across metals, cement, rail, and buildings sectors
  • Company focused on backlog execution, efficiency measures, and disciplined capacity expansions
  • Local manufacturing base, technology leadership, and broad market exposure position company to capture opportunities in electrification, automation, and industrial digitalization

Sustainability Initiatives

  • Achieved ~85% reduction in Scope 1 and 2 greenhouse gas emissions (YTD versus 2019 baseline)
  • Reaffirmed RE100 commitment to source 100% renewable electricity
  • Diverted 99.9% of waste from landfill
  • Peenya facility in final stage of Alliance for Water Stewardship (AWS) certification
  • Conducted sustainability capability-building sessions for over 200 focused suppliers

Additional Information

  • ABB India follows calendar year accounting (January-December)
  • Operational EBITA excludes acquisition-related amortization, restructuring costs, divestment-related obligations, and other non-operational items
  • The results represent continuing business operations