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08/05/2026 17:30

ABB India Q1 net profit zooms 275.80% at Rs 1783.65 cr

The company reported standalone net profit of Rs 1,783.65 crore for the quarter ended March 31, 2026 as compared to Rs 474.63 crore in the same period last year, registering a year-on-year growth of 275.80 per cent.

Net revenue of the company rose by 0.72 per cent at Rs 3,162.41 crore in January-March quarter of this fiscal as against Rs 3,139.68 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 7.70 per cent to Rs 2,775.66 crore from Rs 2,577.29 crore in year ago period.

Other Income grew by 7.92 per cent at Rs 99.64 crore versus (Mar'25 Rs 92.33 crore).

Operating Profit slipped by 29.86 per cent to Rs 408.40 crore as against Rs 582.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 30.40 per cent in March quarter.

Interest declined by 19.11 per cent y-o-y to Rs 3.81 crore, while Taxation decreased by 25.96 per cent at Rs 119.96 crore (Mar'25 Rs 162.01 crore).