ABB Q1 FY27 Guidance vs Delivery (ABB Management Mirror)

Q2'26 Revenue Hits INR 3,559 Crores; ~40% of INR 11,900 Crore Backlog Guided for Execution Over Next Two Quarters

In the Dec'25 Qtr concall, management issued guidance to maintain a double-digit growth rate for revenues. For the subsequent Mar'26 Qtr, management reported Q1 CY26 revenue of INR 3,184 crores, noting this was slightly subdued versus their internal targets of INR 3,300 crores to INR 3,400 crores due to West Asia crisis disruptions. In the Jun'26 Qtr results, revenue was reported at INR 3,559 crores. Looking ahead, in the Jun'26 Qtr concall, management stated the order backlog stands at INR 11,900 crores and guided that approximately 40% of this backlog is expected to be converted into revenue over the next two quarters, with the remainder materializing through the subsequent four quarters of 2027.