ABB India gains after better-than-expected quarterly results, order inflows

ABB India

20/02/2026 04:49

** Shares of ABB India ABB.NS rise 5% to 6,007 rupees

** Brokerage Motilal Oswal says ABB's December qtr results were ahead of estimates, as surprise came from better-than-expected EBITDA margins at 17.2% after adjusting amount related to labor code in exceptional items

** Heavy electrical equipment maker's December qtr consol net profit fell 18.1% Y/Y, while consol revenue rose 5.7% Y/Y

** Order inflows rose 52% Y/Y to 40.96 bln rupees ($450.3 mln), order backlog was at 104.71 bln rupees

** Order inflows were 21% higher than Nomura's expectations

** J.P. Morgan says order inflows was the key positive, benefited from large orders in data centers, automotive, building and infra, railways and metal segments

** Trading vols nearly 2x the 30-day average at 659,693 shares so far

** ABB up 16% YTD

($1 = 90.9550 Indian rupees)

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))