ABB India reported a 56% year-on-year increase in net profit for the fourth quarter of the calendar year 2024, reaching ₹528.4 crore, compared to ₹338.7 crore in the same quarter of the previous year. Revenue for the quarter rose by 22% to ₹3,364.9 crore from ₹2,757.5 crore, while EBITDA surged 57.6% to ₹657.3 crore, up from ₹417.2 crore. The EBITDA margin also improved to 19.5% from 15.1% year-on-year. The company declared a dividend of ₹33.50 per share. Despite these robust earnings, concerns over order inflows led to a downgrade from Nomura, although some analysts remain optimistic about ABB India's long-term prospects. In market activity, ABB India's shares rose by 4.82% to an intraday high of ₹5,494.05.