Heavy Electrical Equipment company ABB India announced Q2CY25 results Orders declined due to the impact of large order timing, while base orders increased. Revenue growth stood at Rs 3,175 crore, +12% for the quarter and +7% for H1CY25. PBT: Rs 474 crore, change -20% YoY. PAT: Rs 352 crore, change -20% YoY. Order backlog crosses Rs 10,000 crore (Rs 10,064 crore) mark in H1CY25 for the first time. 11th consecutive quarter of double-digit margins, impacted by forex fluctuations and one-offs in Q2CY25. Received a "strong" rating from CRISIL reflecting the company’s robust environmental, social, and governance (ESG) performance. The Board of Directors of the Company have declared an interim dividend of Rs 9.77 per equity share of face value of Rs 2 each. Sanjeev Sharma, Managing Director, ABB India said: “With strong revenue and backlog expansion, we have delivered yet another resilient performance for the second quarter and first half of the year. While profitability was impacted by forex volatility and one-offs during the quarter, we continued to deliver double-digit PAT margins for the 11th consecutive quarter. Cash position of the company remains healthy due to consistent efforts in collection. After strong growth periods, we experienced a cyclic correction in ordering activity that is seen across multiple sectors. However, we anticipate gradual uptick in demand, with easing inflation, and deeper market reach. Multiple sectors are expected to gain momentum in the near to the medium term. We are on track to achieve our sustainability targets with a special focus on water stewardship with the next level of stakeholder and supplier engagement. I am proud of the strong rating received on our sustainability performance – a testimony to the team’s dedication aligned with ABB Group’s sustainability agenda and targets.” Result PDF