Please refer enclosed file
ABB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ABB India reported Q1 FY2026 total revenue from continuing operations of Rs 3,184.06 Cr, up ~5.8% YoY from Rs 3,010.07 Cr. However, profit from continuing operations after tax fell ~25% to Rs 341.91 Cr from Rs 457.31 Cr YoY, reflecting margin pressure with higher raw material and other expenses. The standout item is the discontinued robotics business: the company completed the slump sale of its Robotics business to ABB Robotics India (a related party) on March 1, 2026, for Rs 1,568.20 Cr, recording a profit of Rs 1,658.48 Cr. This drove total profit including discontinued operations to Rs 1,783.65 Cr (vs Rs 474.63 Cr in Q1 FY25). The auditors (BSR & Co. LLP) issued an unmodified limited review report with no qualifications. The transaction required shareholder approval as a material related party transaction.
The one-time robotics sale profit dramatically boosted reported earnings, but core operations saw PAT decline ~25% YoY, suggesting ongoing margin challenges. Investors should separate the exceptional disposal gain from underlying business performance when evaluating the stock.