ABB India has delivered an in-line performance both on top-line and bottom-line front in 2QCY18. Its reported revenue rose by 14.4% YoY (adjusted for Excise Duty- revenue up 21% YoY) to Rs27.1bn led by healthy growth in Power Grids (+41% YoY), Robotics & Motion (+34% YoY) and Industrial Automation segment (+7.5% YoY). Its EBITDA margin rose by 100bps YoY to 7.2% owing to higher margin across three business segments, while reported PAT surged by 36% YoY to Rs1.0bn led by margin expansion and higher sales. The Company secured orders worth Rs24.7bn (+8% YoY) during the quarter taking its order book to Rs107bn (-11% YoY). As per the Management, maturing cycle of Raigarh-Pugalur UHVDC project, medium voltage portfolio...