ABB India Limited: data center play

 

  • ABB India Limited:  data center play
  • Strong profitability with record backlog and growing demand across segments 
  • Orders Total orders for the third quarter were INR 3342 crore, up by 11 percent as compared to Q3 CY2023. 
  • Electrification led the way with a significant step-up in orders for the quarter headlined by large orders from the data center segment for Smart Power and Distribution Solutions divisions. 
  • Demand for power distribution equipment held steady with orders for different circuit breakers, switchgear panels, etc. 
  • Motion orders were driven by the Traction division – propulsion equipment, battery chargers and composite converters. Orders from the Process Automation business area also comprised automation and blending solutions for energy majors from the Energy Industries division and thyristor rectifiers for metals company from Process Industries division. 
  • Orders from non-automotive, industry led segment and electronics were predominant for Robotics and Discrete Automation business area, which were lower as there were some large orders in Q3 CY2023.   

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