ABB India Orders Rise 25% in Q1 CY2026

11 May 2026 CW Team

ABB India reported standalone orders of Rs 42.80 billion in Q1 CY2026, a 25 per cent year-on-year increase, supported by strong demand across electrification and motion businesses. Revenue rose 6 per cent year-on-year to Rs 31.84 billion, while profit after tax stood at Rs 342 crore.

The company’s order backlog increased 17 per cent year-on-year to Rs 11,094 crore, providing stronger revenue visibility for upcoming quarters. Key order wins came from data centres, metro rail, smart city projects, metals, wind, solar, chemicals, pharmaceuticals, state utilities and packaged foods.

ABB India also announced a USD 75 million investment to expand manufacturing and research and development capabilities for critical segments. Profitability was impacted by revenue shortfall, metal price volatility and foreign exchange movement.

Sanjeev Sharma, Country Head and Managing Director, ABB India, said the company remains well positioned to benefit from India’s next industrial capex cycle, supported by strong customer engagement, execution discipline and a diversified order book.

The company also reaffirmed its commitment to sustainability goals, including water stewardship, greenhouse gas emission reduction, supplier engagement and RE100 targets.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..