ABB Group

Electrification and automation major ABB India on Friday posted a 3 per cent rise in net profit to Rs 474 crore during the March quarter compared to the year-ago period, primarily on the back of higher revenues. The company follows January-December financial year. "The company reported profit after tax of Rs 474 crore at the end of Q1 CY2025 (January-March 2025) as compared to Rs 460 crore in Q1 CY2024," a company statement said. According to the statement, the company achieved a revenue of Rs 3,160 crore for the first quarter (January-March 2025) which is higher than Rs 3,080 crore in the same period a year ago. The company's cash position continues to remain robust at Rs 5,756 crore at the end of Q1 2025. "In our 75th year of manufacturing in India, I am proud of the solid start to 2025. We continue to enjoy trust of our customers and partners, who are served impactfully by the ABB India team. In an increasingly uncertain global market, ABB India stands steady posting consistent

The company expects data centres, semiconductors, and the solar industry in India to drive demand

Stock vulnerable to valuation downgrades as engineering company's management says growth will revive

A key factor influencing the change in target price is ABB India's disappointing order inflow, which missed expectations by 24 per cent, highlighting potential challenges in the near-term

ABB could be a key player given the improved market for short-cycle orders from the private sector and T&D, railways, data centres, and PLIs

Mahindra & Mahindra (M&M) has selected ABB's PixelPaint technology for its new electric vehicle paint facility, ABB said on Wednesday. The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars, ABB said. PixelPaint consists of a paint head with more than 1,000 tiny, individually controlled nozzles, mounted on an ABB robot, the company said in a statement. "Our PixelPaint technology can apply large areas of uniform color as well as the tiniest details with complete accuracy, without delaying the production line or the need for manual intervention," said Joerg Reger, Managing Director of ABB Robotics Automotive Business Line. "By deploying PixelPaint-equipped robots in dedicated cells, Mahindra's paint shop will be able to apply finishes such as contrasting roof and pillar treatments on its new line of EVs in a completely automated ...

ABB shares were indicated to open 2.2% higher in premarket activity in Zurich

The committees wanted to probe potential "cybersecurity risks, foreign intelligence threats, and supply chain vulnerabilities at seaports in the United States,'

ABB is a key beneficiary of the pickup in the capex cycle

Indian auto companies are investing in robotics which is a potential source of traction

ABB also reported a sluggish growth in order intake for Q1FY24, at $ 8,667 million, up 2 per cent in comparable terms

Electrification and automation major ABB India on Thursday announced the expansion of its facility at Peenya factory in Bengaluru by setting up a new line for the production of variable speed drive modules. Variable speed drive modules are used to control the speed of electric motors to match the actual demands of the process to improve energy efficiency and performance in any industrial application or any building globally. When added to the existing motor of a pump, fan or compressor, a drive can typically reduce power consumption by up to 25 per cent, the company said. "ABB India expands its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru," the company said in a statement. The new line will produce drives ranging from 75 kW to 250 kW and will cater to all major industrial segments. Part of the integrated campus that houses ABB's corporate office and other business' factories, this new production line aims to meet the grow

The company posted better than expected results for the March quarter, and prospects remain strong

Analysts believe that increased traction in exports and services coupled with strong execution drove ABB's strong performance across segments.

In a Q&A, the MD of the engineering giant says each of the 18 divisions of the company has carved out its plan for business expansion where it sees merit

The company has signed an MoU with Ashok Leyland and the IIT-Madras for an e-mobility pilot

We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,000

Increased need for automation may help firm rebound faster than peers

September quarter witnessed improvement in profitability, while business predictability took a knock

Although a confirm breakout is yet to take shape, still the Delta Corp counter is exhibiting upside on the charts as volumes spike