ABB India Limited — Updates, 04-11-2024: Press Release

ABB India Limited reported robust financials for Q3 2024, achieving a 11% increase in orders to INR 3,342 crore and a record backlog of INR 9,995 crore. Revenue rose to INR 2,912 crore, up 5% year-on-year, with profitability driven by enhanced capacity utilization. The firm was recognized among India's top sustainable companies. Looking ahead, ABB anticipates continued growth supported by infrastructure investment and a strong order pipeline across various sectors, including electrification and automation.