ABB India Limited — Board Meeting, 02-08-2025: Outcome of Board Meeting

ABB India has announced a board meeting where it approved the financial results for the quarter and half-year ended June 30, 2025. For the quarter, profit dipped to 351.74 Cr from 443.49 Cr year-over-year. This was mainly due to a 56.50 Cr foreign currency loss and a 39.5 Cr customer claim impacting revenue. The board declared an interim dividend of ₹9.77 per share. Additionally, the company is moving forward with its Robotics & Discrete Automation spin-off, approving advisors for valuation and forming a new subsidiary for this business.