ABB India Faces Margin Squeeze as Q1 Profits Decline Despite Revenue Growth
ABB India, the local arm of the Swiss-Swedish industrial technology giant, reported a 25% year-on-year decline in net profit for the first quarter of the 2026 calendar year, citing significant margin pressures and rising raw material costs. Despite the bottom-line contraction, the company managed to post a 5.7% increase in revenue, reaching ₹3,184 crore for…
