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ABB India Q1 profit jumps on discontinued operations

May 8, 2026 4 mins read Firehose Gupta

ABB India Limited — quarter ended March 31, 2026

This document includes both consolidated and standalone unaudited financial results for the quarter ended March 31, 2026.

Particulars Quarter ended March 31, 2026 (Unaudited) Preceding quarter ended December 31, 2025 (Refer note 5) Corresponding quarter ended March 31, 2025 (Unaudited) Previous year ended December 31, 2025 (Audited)
Continuing operations
1 Revenue from operations
(a) Sales of products and services 3,162.41 3,361.94 2,990.19 12,366.42
(b) Other operating revenues 21.65 61.22 19.88 137.39
Total revenue from operations 3,184.06 3,423.16 3,010.07 12,503.81
2 Other income 99.64 76.33 92.33 352.36
Total Income (1 + 2) 3,283.70 3,499.49 3,102.40 12,856.17
4 Expenses
(a) Cost of raw materials, components consumed and project bought outs 1,644.22 1,561.72 1,481.48 6,132.05
(b) Purchases of stock-in-trade 241.30 271.47 260.57 1,106.78
(c) (Increase) / decrease in inventories of finished goods, stock-in-trade and work-in-progress (51.54) 152.37 (101.82) (130.29)
(d) Subcontracting charges 117.73 115.63 92.41 419.15
(e) Employee benefits expense 252.86 282.52 238.35 944.97
(f) Finance costs 3.81 5.28 4.69 19.72
(g) Depreciation and amortisation expense 42.36 39.45 33.58 144.78
(h) Other expenses 571.09 512.07 479.48 2,057.35
Total expenses 2,821.83 2,940.51 2,488.74 10,694.51
5 Profit from continuing operations before tax (3 – 4) 461.87 558.98 613.66 2,161.66
6 Tax expense:
Current tax 122.65 131.60 147.64 504.44
Deferred tax (2.69) 6.99 8.71 38.92
Total tax expenses 119.96 138.59 156.35 543.36
7 Profit from continuing operations (after tax) (5 – 6) 341.91 420.39 457.31 1,618.30
8 Discontinued operation
Profit /(loss) from discontinued operation (refer note 2 and 3) 1,693.12 16.65 23.15 66.76
Tax expense/(credit) of discontinued operation 251.38 4.19 5.83 16.80
9 Profit / (loss) from discontinued operation (after tax) 1,441.74 12.46 17.32 49.96
10 Profit for the period/year (7 + 9) 1,783.65 432.85 474.63 1,668.26
11 Other comprehensive income / (loss) (OCI)
Items that will not be reclassified to profit or loss:
Remeasurements of defined benefit liability/(asset) (17.98) 7.24 24.53 12.36
Income tax relating to items that will not be reclassified to profit or loss 4.53 (1.82) (6.17) (3.11)
Total other comprehensive income / (loss) (net of tax) (13.45) 5.42 18.36 9.25
12 Total comprehensive income for the period/year (10 + 11) 1,770.20 438.27 492.99 1,677.51
Profit for the year attributable to:
Shareholders of the Company 1,783.65 432.85 474.63 1,668.26
Non-Controlling Interest
Profit for the period/year 1,783.65 432.85 474.63 1,668.26
Other comprehensive income/(loss) attributable to:
Shareholders of the Company (13.45) 5.42 18.36 9.25
Non-Controlling Interest
Other comprehensive income/ (loss) for the period/year (13.45) 5.42 18.36 9.25
Total comprehensive income/ (loss) attributable to:
Shareholders of the Company 1,770.20 438.27 492.99 1,677.51
Non-Controlling interest
Total comprehensive income/ (loss) for the period/ year 1,770.20 438.27 492.99 1,677.51
Particulars Quarter ended March 31, 2026 (Unaudited) Preceding quarter ended December 31, 2025 (Refer note 5) Corresponding quarter ended March 31, 2025 (Unaudited) Previous year ended December 31, 2025 (Audited)
13 Paid-up equity share capital 42.38 42.38 42.38 42.38
(Face value per share – ₹ 2/- each)
14 Reserves excluding revaluation reserves 7,793.61
15 Earnings / (loss) per share (‘EPS’) (of ₹ 2/- each) (not annualised except year end EPS)
Continuing operations
a) Basic (in ₹) 16.14 19.84 21.58 76.37
b) Diluted (in ₹) 16.14 19.84 21.58 76.37
Discontinued operation
a) Basic (in ₹) 68.04 0.59 0.82 2.36
b) Diluted (in ₹) 68.04 0.59 0.82 2.36
Continuing and Discontinued operations
a) Basic (in ₹) 84.18 20.43 22.40 78.73
b) Diluted (in ₹) 84.18 20.43 22.40 78.73
Particulars Quarter ended March 31, 2026 (Unaudited) Preceding quarter ended December 31, 2025 (Refer note 5) Corresponding quarter ended March 31, 2025 (Unaudited) Previous year ended December 31, 2025 (Audited)
a) Segment Revenues
– Motion 1,160.63 1,202.07 1,095.86 4,560.62
– Electrification 1,564.47 1,598.19 1,357.66 5,712.65
– Automation (Refer note 4) 500.42 652.19 586.48 2,332.06
– Others 0.64 1.56 5.11 11.73
Total 3,226.16 3,454.01 3,045.11 12,617.06
Less : Inter segment revenues 42.10 30.85 35.04 113.25
Total Revenue from operations (Continuing operations) 3,184.06 3,423.16 3,010.07 12,503.81
b) Segment Results (Profit / (Loss) Before Tax and Interest)
– Motion 147.98 198.29 239.82 798.53
– Electrification 236.97 341.22 335.55 1,168.94
– Automation (Refer note 4) 70.56 96.13 96.23 382.43
– Power Grids and Robotics & Discrete Automation (Discontinued operation) (refer note 2 & 3) 1,693.12 16.65 23.15 66.76
Total 2,148.63 652.29 694.75 2,416.66
(Add) / Less – Interest expenses 3.81 5.28 4.69 19.72
– Other unallocated expenditure and income netted off (10.17) 71.38 53.25 168.52
Total Profit Before Tax (Including Discontinued operation) 2,154.99 575.63 636.81 2,228.42
Power Grids and Robotics & Discrete Automation (Discontinued operation) (refer note 2 & 3) 1,693.12 16.65 23.15 66.76
Total Profit Before Tax (Continuing operations) 461.87 558.98 613.66 2,161.66
c) Segment Assets
– Robotics & Discrete Automation 237.51 313.11 237.51
– Motion 2,435.02 2,191.62 2,014.18 2,191.62
– Electrification 3,260.09 3,139.92 2,799.33 3,139.92
– Automation (Refer note 4) 1,341.48 1,365.65 1,383.30 1,365.65
– Unallocated 8,537.17 6,703.78 6,724.76 6,703.78
Total Segment Assets 15,573.76 13,638.48 13,234.68 13,638.48
d) Segment Liabilities
– Robotics & Discrete Automation 368.75 346.76 368.75
– Motion 1,974.31 1,740.53 1,620.22 1,740.53
– Electrification 2,202.09 1,796.37 1,944.29 1,796.37
– Automation (Refer note 4) 1,246.17 1,231.34 1,287.51 1,231.34
– Unallocated 545.00 665.50 467.51 665.50
Total Segment Liabilities 5,967.57 5,802.49 5,666.29 5,802.49
Particulars Quarter ended March 31, 2026 (Unaudited) Preceding quarter ended December 31, 2025 (Refer note 5) Corresponding quarter ended March 31, 2025 (Unaudited) Previous year ended December 31, 2025 (Audited)
1 Continuing operations
Revenue from operations
(a) Sales of products and services 3,162.41 3,361.94 2,990.19 12,366.42
(b) Other operating revenues 21.65 61.22 19.88 137.39
Total revenue from operations 3,184.06 3,423.16 3,010.07 12,503.81
2 Other income 99.64 76.33 92.33 352.36
3 Total Income (1 + 2) 3,283.70 3,499.49 3,102.40 12,856.17
4 Expenses
(a) Cost of raw materials, components consumed and project bought outs 1,644.22 1,561.72 1,481.48 6,132.05
(b) Purchases of stock-in-trade 241.30 271.47 260.57 1,106.78
(c) (Increase) / decrease in inventories of finished goods, stock-in-trade and work-in-progress (51.54) 152.37 (101.82) (130.29)
(d) Subcontracting charges 117.73 115.63 92.41 419.15
(e) Employee benefits expense 252.86 282.52 238.35 944.97
(f) Finance costs 3.81 5.28 4.69 19.72
(g) Depreciation and amortisation expense 42.36 39.45 33.58 144.78
(h) Other expenses 571.09 512.07 479.48 2,057.35
Total expenses 2,821.83 2,940.51 2,488.74 10,694.51
5 Profit from continuing operations before tax (3 – 4) 461.87 558.98 613.66 2,161.66
6 Tax expense:
– Current tax 122.65 131.60 147.64 504.44
– Deferred tax (2.69) 6.99 8.71 38.92
Total tax expenses 119.96 138.59 156.35 543.36
7 Profit from continuing operations (after tax) (5 – 6) 341.91 420.39 457.31 1,618.30
8 Discontinued operation
– Profit/(loss) from discontinued operation (refer note 2 and 3) 1,693.12 16.65 23.15 66.76
– Tax expense/(credit) of discontinued operation 251.38 4.19 5.83 16.80
9 Profit / (loss) from discontinued operation (after tax) 1,441.74 12.46 17.32 49.96
10 Profit for the period/year (7 + 9) 1,783.65 432.85 474.63 1,668.26
11 Other comprehensive income / (loss) (OCI)
Items that will not be reclassified to profit or loss:
– Remeasurements of defined benefit liability/(asset) (17.98) 7.24 24.53 12.36
– Income tax relating to items that will not be reclassified to profit or loss 4.53 (1.82) (6.17) (3.11)