ABB India Limited — Updates, 17-02-2025: Press Release

ABB India Limited reported impressive financial results for the October-December quarter (Q4) and full year CY2024. The company achieved record-high revenues of INR 3,365 crore in Q4 and INR 12,188 crore for the full year, marking significant growth driven by strong execution across its operational segments. Noteworthy metrics included a 55% increase in Profit Before Tax (PBT) to INR 705 crore and a 54% rise in Profit After Tax (PAT) to INR 532 crore for the quarter, while full-year PBT and PAT rose by 51% and 50%, respectively.

The company has seen base orders up by 4% year-on-year in Q4, with large orders increasing by 20% for the full year, underscoring robust demand across critical sectors such as metals, energy, and chemicals. ABB's order backlog stands strong at INR 9,380 crore, indicating solid revenue visibility moving forward. With a focus on sustainability and operational efficiency, ABB India remains well-positioned to leverage opportunities from ongoing government infrastructure investments, anticipating growth in sectors like chemicals, pharmaceuticals, and renewable energy in 2025. Investors should watch closely as ABB navigates market dynamics and geopolitical factors to sustain its growth trajectory.