Quarterly earnings of ABB India surge by 56% in the final quarter of 2024, marking a historic high in performance.
In a significant development, ABB India, a leading player in the industrial technology sector, has announced its Q4 2024 financial results, showcasing impressive growth, operational excellence, and a positive future outlook.
The company's revenue for Q4 2024 registered a substantial increase, marking a significant milestone in its five-year history. ABB India recorded its highest-ever Q4 revenue in five years, with a 22% year-on-year increase to ₹3,364.9 crore. This robust growth was underpinned by healthy order inflows and backlog expansion.
Operational efficiency was another highlight of ABB India's Q4 2024 performance. Despite facing challenges such as forex volatility and higher expenses, the company demonstrated resilience by controlling costs and boosting operational efficiency. ABB India's EBITDA surged by 57.6% year-on-year to ₹657.3 crore in Q4 2024, and the EBITDA margin expanded significantly, reaching 19.5%.
Sanjeev Sharma, Managing Director of ABB India, declared 2024 as a landmark year for the company, with record-high orders, revenue, and margins across all business segments. He reiterated the company's commitment to energy transition, manufacturing localization, and infrastructure development, which are expected to support continued growth.
The strong performance of ABB India in Q4 2024 has reinforced its position as a leading player in the industrial technology sector. The company's board has recommended a final dividend of ₹33.50 per equity share, subject to approval at the upcoming Annual General Meeting (AGM).
Looking ahead, the long-term outlook for ABB India remains strong, driven by global energy transition efforts, manufacturing localization in India, and infrastructure development. ABB India's partnership with IIT Bombay for educational initiatives reflects a commitment to innovation and talent development.
While ABB India's share price has experienced volatility, down 35.14% over the past year as of August 2025, the company is positioned well in the evolving capital goods sector with positive medium-to-long-term prospects.
In conclusion, ABB India’s Q4 2024 reported growth and operational progress set a foundation for optimism on future prospects amidst dynamic industry and economic factors. For complete specifics, ABB India's Q4 2024 official earnings report or investor presentation would be recommended to consult.
[1] ABB India Q4 2024 Earnings Report (Not available at the time of writing) [2] ABB India Investor Presentation (Not available at the time of writing)
- The impressive growth and operational excellence demonstrated by ABB India in Q4 2024 suggests that the company could capitalize on the market opportunities presented by Africa's growing business landscape, with technology and logistics sectors being particularly attractive.
- With the strong earnings in Q4 2024, ABB India has created a robust financial base for investing in strategic business areas, such as import and finance, in order to strengthen its market position and continue its growth trajectory.
- As ABB India continues to make strides in the industrial technology sector, Sanjeev Sharma's focus on energy transition, manufacturing localization, and infrastructure development could attract investors seeking long-term, high growth investments in these areas.
- The forthcoming Annual General Meeting for ABB India offers an opportunity for stakeholders to discuss the company's future plans, such as exploring business opportunities in Africa and initiating strategic investments in various sectors like logistics, import, finance, and more, to further drive growth and maximize shareholder value.
