ABB India Limited — Important, 17-02-2025: Financial Result Updates

**Consolidated Financial Results Summary**

ABB India Limited reported robust financial performance for the year ended December 31, 2024, showcasing a notable revenue growth of 16.7%, reaching ₹12,188.31 crore compared to ₹10,446.52 crore in the previous year. This growth is attributed to strong demand across various segments, particularly in Electrification and Motion, signaling effective market expansion strategies and operational efficiencies.

Net profit from continuing operations for the year stood at ₹1,874.61 crore, significantly up from ₹1,248.18 crore a year earlier, translating to an EPS of ₹88.46 (diluted). The profitability increase can be ascribed to better cost management and lower operational costs, particularly in raw materials and employee expenses, which saw a calculated decrease of 3.2% year-over-year.

Operational expenses totalled ₹10,028.45 crore, representing a year-on-year reduction of approximately 8.3%. The company effectively managed costs amid rising raw material prices, enhancing overall efficiency.

The balance sheet reflects a strong position, with total assets increasing to ₹12,391.33 crore from ₹11,001.19 crore, and total equity rising to ₹7,075.40 crore, bolstered by improved retained earnings. The healthy cash flow from operations, amounting to ₹1,331.80 crore, ensures adequate liquidity for future investments.

Strategically, ABB India continues to focus on innovation and expanding its product offerings, positioning itself well to capture future market opportunities. Given the financial performance and operational efficiencies, investor sentiment appears positive. This suggests a favorable stance towards acquiring or retaining shares in the company.