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ABB India Limited - 500002 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Scrutinizer''s Report of AGM held on May 4, 2023
04-05-2023
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ABB India Limited - 500002 - Shareholder Meeting / Postal Ballot-Outcome of AGM

Proceedings of AGM along with Chairman''s Statement and Voting Results
04-05-2023
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Q1CY23 Quarterly Result Announced for ABB India Ltd.

Heavy Electrical Equipment company ABB India announced Q1CY23 results: Total orders surged to Rs 3,125 crore, the highest for the first quarter in the last five years. The company posted a revenue of Rs 2,411 crore for the first quarter, a growth of 22 percent YoY The company reported a profit before tax (before exceptional items and one-offs) of Rs 328 crore mainly driven by higher volumes, better product mix, and higher service content. The growth in profit before tax reflects 66 percent uptrend YoY The company reported Profit after tax of Rs 245 crore at the end of Q1CY23 as compared to Rs 149 crore in Q1CY22 on a like to like basis, without any exceptional items. The company’s cash position continues to remain robust at Rs 3,942 crore at the end of Q1CY23 vis-a-vis Rs 2,707 crore in Q1CY22 “We are pleased to report that the year has begun on solid footing, continuing the growth momentum set last year across orders, revenue, and profit. The first quarter witnessed our best-ever order intake as compared to Q1 of the last five years, complemented with seamless execution and delivery for our customers, resulting in consistent margin uptrend and further strengthening of a solid balance sheet. Our teams keep collaborating to serve our customers pan-India and across diverse market segments. We focus our investments in expanding our portfolio, deepening localization, capacity addition, and productivity with global ABB technology and processes aligned with Make in India momentum,” said Sanjeev Sharma, Country Managing Director, ABB India. “During the quarter, we continue to deliver on our sustainability targets with reduction in CO2 emissions through RE100, while 97 percent of the waste and almost half the water used was recycled,” he added. Result PDF
03-05-2023
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ABB India Limited - 500002 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release- Solid start to the year with robust orders and profitability
03-05-2023
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ABB India Limited - 500002 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release- Solid start to the year with robust orders and profitability
03-05-2023
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ABB India Limited - 500002 - Financial Results For Q1 Ended March 31, 2023

Financial Results for Q1 ended March 31, 2023
03-05-2023
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