Conference Call with ABB India Management and Analysts on Q1CY24 Performance and Outlook. Listen to the full earnings transcript.
Heavy Electrical Equipment company ABB India announced Q1CY24 results: The Company reported Profit after tax of Rs 460 crore at the end of Q1 CY2024 as compared to Rs 245 crore in Q1CY23. The company’s cash position continues to remain robust at Rs 5,036 crore at the end of Q1CY24 vis-avis Rs 3,942 crore in Q1CY23. Strong growth momentum in orders with a healthy mix of short & long cycle opportunities Solid step-up in revenue of 28% YoY Order backlog shows a healthy step up of 25% from Q1CY23 PBT before exceptional percentage at 20%, a record high, PAT up by 87% YoY Result PDF