ABB India Q3 Results Live: Profit Rises by 21.38% YoY
ABB India Q3 Results Live : ABB India has announced its Q3 results for the fiscal year, revealing a topline increase of 5.16% year-over-year and a significant profit surge of 21.38%. The results were disclosed on November 4, 2024, showcasing the company's resilience in a competitive market.
Engineering firm ABB India posts bigger Q3 profit on electrification demand
Engineering services firm ABB India reported a 21% surge in third-quarter profit on Monday, driven by higher demand for its electrification products. Profit at the Indian arm of Switzerland's ABB rose to 4.
ABB India shares fall over 5% after Q3 earnings miss, cautious management commentary
ABB India sees good business visibility for the next three to four quarters with growth coming from execution of base orders. However, large order execution is still to gain momentum aligning with project schedules.
ABB India Sept quarter results: Net profit increases 21% to Rs 440 crore
ABB India on Monday reported over 21 per cent rise in profit after tax at Rs 440 crore for the third quarter ended September 30, pushed by higher income.
ABB India stock falls 5% as September quarter results miss Street estimates
The fall in ABB India share price came after the company’s Q3CY24 results fell short of street expectations. The company follows January to December as its financial year. “ABB India reported a muted set of numbers,
ABB India Q3 Results | Strong orders boost profit 21% but numbers mostly miss estimates
Electrification and automation major ABB India Ltd on Monday (November 4) reported a 21.4% year-on-year (YoY) jump in net profit at ₹440.5 crore for the third quarter that ended on September 30, 2024. "Revenue mix, better margin orders and price revision supported by capacity leverage resulted in better profitability," ABB India said.
ABB and Niedax Group announce completion of joint venture with the formation of Abnex, Inc.
Abnex, Inc. expands North American cable tray manufacturing capabilities to serve evolving customer needsBuilds on ...
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ABB announces the acquisition of Aurora Motors
This acquisition aligns with our vision to enhance innovation and deliver unparalleled value to our customers worldwide," ...
ABB Chosen to Install High-efficiency Drives and Motors for DS Smith’s Recycled Containerboard Line in Italy
The new line is significant for Italy’s paper production industry as it will almost double production capacity on site and ...
ABB to acquire Aurora Motors, terms not disclosed
ABB (ABBNY) has signed an agreement to purchase Aurora Motors. This acquisition provides a product portfolio, a longstanding customer base in ...
Northvolt Shareholder ABB to Rule Out More Investment, Sources Say
Swiss industrial group ABB Ltd. has no plans to provide further financing to troubled battery maker Northvolt AB, according ...
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ITD installs high-end A400 ABB E-mobility charger
ITD Industries last week celebrated the commissioning of what it claims is the first A400 all-in-one charger in North America ...
Brokerage Radar: Jefferies lowers target for Titan; Nomura cuts price aim on ABB India
Morgan Stanley On GAIL Overweight Call, Target Price At ` 258/Sh Reported 19% integrated RoE For Gas Pipes, With Volume ...