ABB`s AquaMaster electromagnetic flowmeters were first introduced in India 20 years ago with the first installation in the city of Bengaluru. Today, there are approximately 500 units in operation in the city, helping the water utility with accurate flow measurement. ABB has supplied the AquaMaster to 15 cities spread across 8 states. Over the years, the association that started with Bengaluru has grown with approximately 2000 units operating in the country, in states such as Gujarat, Rajasthan, Odisha, New Delhi and more. AquaMaster measures water flow in real time, tracking the exact quantities of water passing through the water network. The flowmeter improves control at pumping stations and reservoirs, helping water utilities measure and optimize water use. Additionally, it enables metering to ensure efficient & equitable water distribution even in areas without power, this helps utilities to pump and distribute treated river water to rural homes. Powered by Capital Market - Live News

ABB India will hold a meeting of the Board of Directors of the Company on 10 May 2024.Powered by Capital Market - Live News

ABB India announced that the 74th Annual General Meeting (AGM) of the company will be held on 11 May 2024.Powered by Capital Market - Live News

ABB India announced that the Board of Directors of the Company at its meeting held on 20 February 2024, inter alia, have recommended the final dividend of Rs 23.8 per equity Share (i.e. 1190%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of ABB India rose 10.92% to Rs 338.66 crore in the quarter ended December 2023 as against Rs 305.32 crore during the previous quarter ended December 2022. Sales rose 13.30% to Rs 2728.20 crore in the quarter ended December 2023 as against Rs 2407.90 crore during the previous quarter ended December 2022.For the full year,net profit rose 22.22% to Rs 1242.05 crore in the year ended December 2023 as against Rs 1016.23 crore during the previous year ended December 2022. Sales rose 21.98% to Rs 10366.68 crore in the year ended December 2023 as against Rs 8498.41 crore during the previous year ended December 2022. ParticularsQuarter EndedYear Ended�Dec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var. Sales2728.202407.90 13 10366.688498.41 22 OPM %15.2915.13 -14.3711.32 - PBDT486.65427.05 14 1778.811128.23 58 PBT453.73400.23 13 1658.891023.53 62 NP338.66305.32 11 1242.051016.23 22 Powered by Capital Market - Live News