Abb India Ltd operates in the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Abb India Ltd with three other
power transmission equipment manufacturers in Asia:
Takaoka Toko Co Ltd
sales of 93.34 billion Japanese Yen [US$824.20 million]
of which 57%
Aichi Electric Company Limited
(75.03 billion Japanese Yen [US$662.51 million]
of which 67%
was Rotating Machines), and
Iljin Holdings Company Limited
based in KOREA (SOUTH)
(934.00 billion Korean Won [US$787.36 million]
of which 76%
was Electric Wire&Electricity).
During the second
quarter of 2021, sales at Abb India Ltd totalled
14.25 billion Indian Rupees .
an increase of 44.6%
from the 9.86 billion Indian Rupees in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Abb India Ltd in the previous 31 quarters.
During the first two
quarters of 2021, sales totalled 30.54 billion Indian Rupees , which is
than through the first two quarters of 2020.
Sales at Abb India Ltd appear to have some seasonality: during each of the previous 8
years, sales have been highest during the fourth quarter, which has accounted for
between 27.3% and 30.6%
of the annual
Abb India Ltd reported sales of 58.21 billion Indian Rupees (US$773.02 million)
December of 2020.
decrease of 20.4%
versus 2019, when the company's sales were 73.15 billion Indian Rupees .
Contributing to the drop in overall sales was the 42.9% decline
in Robotics and Discrete Automation, from 2.72 billion Indian Rupees to 1.55 billion Indian Rupees .
There were also decreases in sales in
Motion (down 14.5% to 22.38 billion Indian Rupees )
Electrification (down 26.4% to 22.22 billion Indian Rupees )
Industrial Automation (down 17.8% to 12.85 billion Indian Rupees )
Others (down 24.4% to 437.20 million Indian Rupees )