ABB India Posts Resilient Q2 CY2025 Results

04 Aug 2025 CW Team

ABB India posted a 12 per cent revenue growth for the April–June quarter and a 7 per cent increase for the first half of CY2025. The company’s order backlog reached Rs 100.64 billion, marking a historic milestone. While total orders declined to Rs 30.36 billion in Q2 and Rs 67.87 billion for H1 CY2025 due to the absence of large contract wins compared to the same period last year, base orders remained strong. The company attributed the short-term dip to cyclical corrections in the market and the timing of large deals in Electrification and Motion segments.

Profit margins remained in the double digits for the eleventh consecutive quarter, though forex volatility and one-off costs impacted profitability. ABB India also earned a “strong” sustainability rating from CRISIL, underscoring its robust ESG initiatives. The Board declared an interim dividend of Rs 9.77 per equity share.

Commenting on the results, Sanjeev Sharma, Managing Director of ABB India, noted that while some sectors experienced a slowdown in orders, the company expects a gradual demand recovery amid easing inflation and expanding market reach. He also highlighted ABB India’s progress on its sustainability goals, particularly in water stewardship, and lauded the CRISIL rating as a reflection of the team’s commitment to responsible growth.

Key sectors contributing to order inflow included railways, metros, electric two-wheelers, mining, pulp and paper, paints, electronics, and industries requiring reliable power distribution and energy efficiency systems. Despite macroeconomic and geopolitical challenges, ABB India remains optimistic about growth in the near to medium term across multiple segments.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..