ABB India Sees Steady Profit Growth Amid Global Uncertainty
ABB India reported a 3% increase in net profit for Q1 2025, reaching Rs 474 crore due to higher revenues. The company experienced significant order growth across various market segments and maintained a cash position of Rs 5,756 crore. ABB India continues to benefit from solid customer trust and market presence.
- Country:
- India
ABB India has announced a 3% rise in net profits for the first quarter of 2025, reaching Rs 474 crore. The firm attributes this growth to increased revenues and strong orders from diverse market segments like electronics, railways, and energy.
In its 75th year of manufacturing in India, ABB boasts a robust cash position at Rs 5,756 crore. The company has also successfully secured new orders worth Rs 3,751 crore, reflecting enhanced customer support and heightened market activity.
Despite global market uncertainties, ABB India continues to thrive. With an order backlog of Rs 9,958 crore, the company is well-positioned to maintain consistent growth, aligning with its expansive plans for upcoming quarters.
(With inputs from agencies.)
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