{
  "id": 19812933,
  "title": "ABB India Q3 Profit Rises 8.2% To ₹442.5 Crore, Electrification Revenue Jumps 40%",
  "url": "https://urgent.news/2026/11/13/abb-india-q3-profit-rises-8-2-to-442-5-crore-electrification-revenue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T12:34:37.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/abb-india-q3-profit-rises-82-to-4425-crore-electrification-revenue-jumps-40"
  },
  "original_language": "en",
  "account": "Mumbai-based ABB India reported an 8.2 percent increase in consolidated net profit to ₹442.5 crore in the quarter ending September 30, 2026, compared to ₹409 crore in the same period last year. Revenue from ongoing operations grew by 19 percent to ₹3,738 crore, primarily driven by the electrification segment. Electrification revenue surged 40 percent to ₹1,927 crore, representing the highest growth among reported segments. The segment's profit before interest and tax reached ₹349.1 crore from ₹270.8 crore a year earlier. Motion revenue expanded 14 percent to ₹1,336 crore, while its segment profit declined to ₹173.6 crore from ₹181.6 crore. Automation revenue dropped 16 percent to ₹505.2 crore, with segment profit falling to ₹71.5 crore from ₹105.4 crore. Total expenses from ongoing operations rose 20 percent to ₹3,236 crore. The cost of raw materials, components, and items purchased for projects increased to ₹2,089 crore from ₹1,620 crore. Profit after tax from ongoing operations grew 10.5 percent to ₹439.8 crore, while profit from discontinued operations fell to ₹2.7 crore from ₹11 crore. Compared to the June quarter, revenue from ongoing operations increased 5 percent from ₹3,559 crore, and net profit rose 22 percent from ₹362.3 crore. Discontinued operations turned profitable, earning ₹2.7 crore, up from a loss of ₹7.8 crore. Basic and diluted earnings per share rose to ₹20.89 from ₹17.09 in the June quarter and to ₹19.31 a year earlier.",
  "summary": "Mumbai: ABB India reported an 8.2 percent year-on-year rise in consolidated net profit to Rs 442.5 crore for the quarter ended September 30, 2026, from Rs 409 crore a year earlier. Revenue from continuing operations climbed 19 percent to Rs 3,738 crore, led by the electrification business, the company said in an exchange filing on November 13. Electrification leads growth Electrification revenue…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}