ABB India Q4 results show strong orders but profit decline
pre-market1 source ↓written by the desknot a recommendation
- YoY
- ₹3,557 crore
- surpassing estimates
- ₹3,436.2 crore
- ₹433 crore
- operating margin
- 15.3%
ABB India Ltd reported revenue growth of 5.7% YoY to ₹3,557 crore, surpassing estimates of ₹3,436.2 crore. However, net profit fell 18% to ₹433 crore, missing expectations. The company proposed a dividend amidst rising input costs, which pressured profitability and led to a contraction in operating margin to 15.3%.
Not investment advice. For informational purposes only.