ABB India Q1 Review - Strong Operational Performance: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Prabhudas Lilladher Report.ABB India Ltd. reported decent set of numbers across all its segments led by pickup in economic activity, better order book execution and cost rationalisation initiatives resulting in margin improvement.During Q1, robotics segment grew by 13% YoY while industrial automation/motion business grew by 11% YoY as execution ramped up across verticals.Order inflows came in at Rs 18.3 billion (versus Rs 14.9 billion in Q4 CY20) largely driven by robotics and process automation segments.Currently sectors such as power distribution, mining, metals, data centers, pharmaceutical, food and beverage, electronics, e-mobility, renewables, etc. are seeing good traction in order inflows..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ABB India Q1 Review - Strong Operational Performance: Prabhudas Lilladher

ABB India Q1 Review - Strong Operational Performance: Prabhudas Lilladher

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