ABB India Ltd has reported impressive financial results for the quarter ending December 2024. The company's total revenue from operations reached ₹3,365 crore, marking a 22% year-on-year growth. Net profit surged to ₹528 crore, representing a remarkable 56% increase compared to the same period last year. This robust performance can be attributed to strong demand across various sectors, particularly in data centers and industrial automation. ABB India's focus on digital solutions and energy efficiency has positioned it well to capitalize on India's growing infrastructure and manufacturing needs. The company's order book remains healthy, indicating positive momentum for the coming quarters.
Sources: ABB India Press Release, Moneycontrol, NDTV Profit