April-June Q2 CY2026 HIGHLIGHTS
All values are Y-o-Y with April-June Q2 CY2025 comparison
- Record Q2 orders, up by 50%
- Solid growth of 22% in order backlog at the end of the period
- Revenue for Q2 up by 21%
- PAT and Op EBITA up by 8% and 23% respectively
- The Board of Directors of the Company have declared a special dividend of INR 90.00 per equity share of face value of INR 2.00 each, reflecting the proceeds of the Robotics divestment and operational profits for H1 CY2026
- Circularity remained a key focus in sustainability in H1 CY2026 with 99.7% of the waste being diverted from landfill
KEY FIGURES INR Crores (for continuing business)
Q2 CY2026 | Q2 CY2025 | Q1 CY2026 | H1 2026 | H1 2025 | CY 2025 | |
Orders | 4,363 | 2,917 | 4,280 | 8,643 | 6,342 | 12,899 |
Order backlog | 11,898 | 9,733 | 11,094 | 11,898 | 9,733 | 9,709 |
Revenues | 3,559 | 2,940 | 3,184 | 6,743 | 5,950 | 12,504 |
Profit before tax | 499 | 461 | 462 | 961 | 1,075 | 2,162 |
Profit before tax % | 14.0 | 15.7 | 14.5 | 14.2 | 18.1 | 17.3 |
Profit after tax | 370 | 343 | 342 | 712 | 800 | 1,618 |
Profit after tax % | 10.4 | 11.6 | 10.7 | 10.6 | 13.4 | 12.9 |
Operational EBITA* | 461 | 376 | 404 | 865 | 877 | 1,735 |
Operational EBITA %* | 13.0 | 12.8 | 12.7 | 12.8 | 14.7 | 13.9 |
Q2 Country Managing Director, Sanjeev Sharma’s commentary
"The record orders we delivered in Q2 CY2026 reflect the confidence customers place in ABB India's technologies and execution capabilities. Combined with 21% revenue growth, a 23% increase in Operational EBITA as well as robust cash generation, the quarter demonstrates our ability to convert strong demand into profitable growth. I would like to thank our employees whose commitment, agility, and customer focus made these results possible.
We enter the second half with confidence, supported by a strong backlog and active opportunity pipeline across a diverse set of industries. India's ongoing investments in infrastructure, manufacturing, energy transition, and digitalization continue to create long-term opportunities for ABB. With our technology leadership, local expertise and execution excellence, we are well positioned to capture this growth while continuing to advance our sustainability ambitions and create lasting value for all stakeholders.”
Outlook
India’s capex cycle is maturing from a cyclical upswing into a structural, multi-year theme anchored in electrification, automation, digitalization, grid modernization, and energy transition. This structural shift should keep demand fundamentally sound through H2 CY2026, even as near-term margins remain exposed to commodity cost volatility, competitive intensity, currency movements, and geopolitical uncertainty.
ABB India remains well positioned through its diversified portfolio, strong order backlog, local manufacturing capabilities, and proven execution track record. The Company continues to focus on converting demand into sustainable and profitable growth in line with ABB Group priorities.
Orders
Total orders for the second quarter CY2026 were at INR 4,363 crore, the highest ever second quarter. For the first half of the year, the orders stood at INR 8,643 crore, up 36%. orders increased across all Business Areas, led by base orders in Electrification and increase in export orders in Motion and Automation. Growth was also driven by strong demand across both core and emerging segments, particularly in metals and mining, data centers, renewables, food and beverage, cement, automotive, and building infrastructure.
Key orders included low and medium voltage switchgears and Ring Main units for data centers and smart power products for renewable energy. Electrics and drives for container terminals, e-houses for metals major and propulsion equipment for locomotives.
Order Backlog
As of end of this quarter, ABB India continues to increase its strong order backlog, at INR 11,898 crore mark in H1 CY2026 up by 22%, distributed across segments, providing good revenue visibility, and is well aligned to support growth plans in the coming quarters.
Revenues
The Company reported highest ever Q2 revenues of INR 3,559 crore and INR 6,743 crore for H1 CY2026, delivering double digit Y-o-Y growth across both periods. Effective price management and increased volume contributed to the increase across Electrification divisions. In Motion, all divisions contributed while Automation revenue traction was led by Energy Industries division. During the quarter, the segments driving revenue include buildings and infrastructure, data centers, metals and mining, food and beverage, renewables, energy and chemicals.
Earnings
Operational EBITA
The operational EBITA for the quarter was INR 461 crore up 23% Y-o-Y and for H1 CY 2026 was down 1% Y-o-Y at INR 865 crore.
The margin for the quarter increased by 20bps to 13.0%. The positive impact from volume growth on operating leverage and continuous cost optimization was partly offset by increase in input costs like freight and energy as well as commodity costs like copper, silver and electrical steel, revenue mix and some time lag in transmitting price revisions in the market.
Profit before tax
The company reported a Profit before tax of INR 499 crore for the quarter and INR 961 crore for H1 2026. Despite the strong growth in operational EBITA, PBT grew less in Q1 due to mark to market movements and foreign exchange volatility.
Tax cost
Tax cost for the quarter was INR 128.7 crore with an Effective Tax Rate (ETR) of 25.8 percent and for the half year it was INR 248.7 crore with an ETR of 25.9 percent.
Profit after tax
Profit after tax reported at INR 370 crore for the quarter, up 8% Y-o-Y, and INR 712 crore for H1 2026.
EPS
The Company reported an EPS of INR 17.46 for the quarter and INR 33.61 for H1 CY2026 reflecting the profit of the operations.
Dividend
The Board of Directors of the Company have declared a special dividend of INR 90.00 per equity share of face value of INR 2.00 each, reflecting the proceeds of the Robotics divestment and operational profits for H1 CY2026.
Sustainability
ABB India continued to advance ABB’s sustainability agenda through measurable progress across decarbonization, circularity, and responsible resource management. By Q2 2026, the company had reduced Scope 1 and 2 greenhouse gas emissions by approximately 85% (YTD versus the 2019 baseline) and reaffirmed its commitment to achieving 100% renewable electricity. Circularity remained a key focus area, with 99.7% of waste diverted from landfill by H1 2026.
In support of responsible water stewardship, ABB India launched AWS certification for Peenya facility and collaborated with approximately 40 suppliers in Bengaluru to strengthen water stewardship practices across the supply chain. These initiatives reflect the company’s commitment to extending sustainability impact throughout its value chain.
During the period, ABB India’s leadership in sustainability was recognized externally through the Business Today India’s Most Sustainable Companies Awards 2026, where it was named India’s Most Sustainable Company in the Capital Goods category. The company also improved its CRISIL ESG Rating from 64 to 67, demonstrating continued progress in integrating sustainability into its business strategy and delivering strong ESG performance.
ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. www.abb.com
