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- ABB India Q1 Results Total Income of ₹2,917.61 Crores and Net Profit of ₹443.49 Crores
ABB India Q1 Results Total Income of ₹2,917.61 Crores and Net Profit of ₹443.49 Crores
ABB India Q1 Results revealed a 7.4% QoQ decrease in Total Income to ₹2,917.61 crores and a 4.1% QoQ drop in Operating Profit to ₹542 crores, ABB India Q1 Results also showed a 3.7% QoQ decline in Profit After Tax to ₹443.49 crores, with an Operating Margin of 19%.
by P Nandhini
Updated Sep 19, 2024
Table of Content
ABB India Q1 Results: ABB India announced its Q1 results for the fiscal year 2024-2025 on September 15, 2024, revealing a slight decline in their financial performance. The company's revenue from operations for the June 30, 2024, was ₹2,808.48 crores, which marks a 7.4% decrease quarter-over-quarter (QoQ) from ₹3,063.72 crores reported in the previous quarter.
This reduction in revenue highlights a challenging period for the company, as they work to navigate fluctuating market conditions. Their profit from continuing operations also saw a decrease of 3.8% QoQ, falling to ₹442.63 crores from ₹459.60 crores in the previous quarter.
In terms of earnings per share (EPS), ABB India reported a basic EPS of ₹20.89, down from ₹21.69 in the preceding quarter, reflecting a 3.7% QoQ decline. Despite these challenges, ABB India remains committed to leveraging its engineering expertise and software solutions to drive future growth.
The company's performance this quarter underscores the need for strategic adjustments to address the evolving market dynamics and enhance overall performance in the coming periods.
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ABB India Q1 Results 2024 - 2025
Here's a summary of ABB India's Q1 results for the fiscal year 2024-2025. The company’s performance this quarter highlights some fluctuations in key financial metrics compared to the previous quarter. Below is a table detailing the main financial figures:
Particulars | Quarter Ended June 30, 2024 | Preceding Quarter Ended March 31, 2024 |
---|---|---|
Revenue from Operations | ₹2,808.48 crores | ₹3,063.72 crores |
Other Income | ₹86.75 crores | ₹87.14 crores |
Total Income | ₹2,917.61 crores | ₹3,167.50 crores |
Total Expenses | ₹2,323.85 crores | ₹2,550.41 crores |
Profit from Continuing Operations | ₹442.63 crores | ₹459.60 crores |
Profit from Discontinued Operations | ₹0.86 crores | ₹(0.31) crores |
Total Profit | ₹443.49 crores | ₹459.29 crores |
Basic Earnings per Share (EPS) | ₹20.89 | ₹21.69 |
Diluted Earnings per Share (EPS) | ₹21.69 | ₹21.68 |
Other Comprehensive Income (OCI) | ₹(9.04) crores | ₹7.59 crores |
Total Comprehensive Income | ₹434.45 crores | ₹466.88 crores |
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ABB India Current Market Overview
ABB India is currently trading at ₹7,477 per share, which represents a 3.96% drop. The company's market value is around ₹1,58,444 crore. Over recent times, the stock has fluctuated between a high of ₹9,200 and a low of ₹3,848.
With a Price-to-Earnings (P/E) ratio of 98.5 and a book value of ₹299, the stock offers a dividend yield of 0.31%. ABB India has strong financial performance, with a Return on Capital Employed (ROCE) of 30.7% and a Return on Equity (ROE) of 22.9%. The face value of each share is ₹2.00.
Metric | Value |
---|---|
Current Price | ₹7,477 |
Market Cap | ₹1,58,444 Crore |
High / Low Price | ₹9,200 / ₹3,848 |
Stock P/E Ratio | 98.5 |
Book Value | ₹299 |
Dividend Yield | 0.31% |
ROCE (Return on Capital Employed) | 30.7% |
ROE (Return on Equity) | 22.9% |
Face Value | ₹2.00 |
Quarterly Results
Here are the quarterly results for ABB India for December 2023, March 2024, and June 2024:
Metric | Dec 2023 | Mar 2024 | Jun 2024 |
---|---|---|---|
Sales (₹ Crores) | 2,757 | 3,080 | 2,831 |
Expenses (₹ Crores) | 2,340 | 2,515 | 2,288 |
Operating Profit (₹ Crores) | 417 | 565 | 542 |
Operating Profit Margin (OPM %) | 15% | 18% | 19% |
Other Income (₹ Crores) | 71 | 87 | 88 |
Interest (₹ Crores) | 8 | 4 | 5 |
Depreciation (₹ Crores) | 33 | 31 | 31 |
Profit Before Tax (₹ Crores) | 447 | 617 | 595 |
Tax % | 24% | 26% | 25% |
Net Profit (₹ Crores) | 339 | 459 | 443 |
EPS (₹) | 15.98 | 21.67 | 20.93 |
About ABB India
ABB India is a leading technology company that focuses on electrification and automation solutions. With a history of over 140 years, ABB India provides advanced technology to help industries improve how they manufacture, move, and use power.
The company combines engineering expertise with software to create efficient and sustainable solutions. ABB India is known for its innovation in areas like power grids, robotics, and industrial automation, helping businesses operate more effectively and sustainably.
With a strong presence in India, ABB continues to drive progress and transformation in various sectors.
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ABB India Q1 Results - FAQs
1. When did ABB India announce its Q1 results for 2024-2025?
ABB India announced its Q1 results on September 15, 2024.
2. What was ABB India’s revenue from operations for Q1?
ABB India’s revenue from operations for the quarter ended June 30, 2024, was ₹2,808.48 crores.
3. How did ABB India’s revenue in Q1 2024 compare to the previous quarter?
ABB India’s revenue decreased by 7.4% QoQ from ₹3,063.72 crores in the previous quarter.
4. What was ABB India’s profit from continuing operations in Q1?
ABB India’s profit from continuing operations was ₹442.63 crores for the quarter ended June 30, 2024.
5. How did ABB India’s basic EPS in Q1 2024 compare to the previous quarter?
ABB India’s basic EPS decreased by 3.7% QoQ from ₹21.69 in the previous quarter.
6. What was ABB India’s total income for Q1?
ABB India’s total income for the quarter ended June 30, 2024, was ₹2,917.61 crores.
7. What were ABB India’s total expenses for Q1?
ABB India’s total expenses for the quarter ended June 30, 2024, were ₹2,323.85 crores.
8. What was ABB India’s total profit for Q1?
ABB India’s total profit for the quarter ended June 30, 2024, was ₹443.49 crores.
9. How did ABB India’s OCI in Q1 2024 compare to the previous quarter?
ABB India’s OCI decreased from ₹7.59 crores in the previous quarter.
10. What was ABB India’s total comprehensive income for Q1?
ABB India’s total comprehensive income for the quarter ended June 30, 2024, was ₹434.45 crores.