ABB — Compare ABB India Limited's latest results with last quarter

ABB India Limited (ABB) - Quarter-over-Quarter Comparison

Latest Quarter (Q4 FY26 vs Q3 FY26)

Here's a detailed comparison of ABB India Limited's latest quarterly performance:

Key Financial Metrics

Metric	Q4 FY26	Q3 FY26	Change QoQ
Revenue	₹3,184 Cr	₹3,557 Cr	-10.5% ↓
Net Profit	₹1,783 Cr	₹432 Cr	+312.3% ↑
Operating Profit	₹410 Cr	₹135 Cr	+203.7% ↑
OPM	12.83%	15.36%	-2.53pp ↓
NPM	56.02%	12.17%	+43.85pp ↑
EPS	₹84.18	₹20.43	+312.1% ↑

Analysis of Changes

Revenue Decline: Revenue dropped 10.5% sequentially from ₹3,557 Cr in Q3 FY26 to ₹3,184 Cr in Q4 FY26. This could be attributed to seasonal factors or project timing.

Profit Surge: Net profit exploded 312% QoQ to ₹1,783 Cr (from ₹432 Cr), driven primarily by a massive improvement in NPM from 12.17% to 56.02%. This suggests exceptional cost control or possibly lower tax rates in Q4.

Margin Pressure: While OPM declined slightly from 15.36% to 12.83%, the dramatic NPM expansion more than offset this, indicating strong bottom-line performance.

Key Takeaways

Profitability Focus: Q4 FY26 shows ABB India executed exceptionally well on cost management and possibly tax planning, leading to an outstanding profit surge.

Revenue Volatility: The sequential revenue drop highlights potential cyclicality in ABB's business model that investors should monitor.

Strong Cash Position: With a cash balance of ₹6,042 Cr (excluding Robotics), ABB maintains financial flexibility for future investments.