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ABB Power Products and Systems India announces listing on BSE, NSE

Monday, 30 Mar 2020
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ABB Power Products and Systems India, the Indian arm of ABB’s Power Grids business, has been listed on the BSE and the National Stock Exchange of India (NSE India) on 30 March 2020. 
 
The company had demerged from ABB India with effect from 1 December 2020, to become a standalone legal entity. 
 
The company has country-wide presence with around 4,500 employees across five manufacturing sites, 12 branch offices and R&D centre on the subcontinent. 
 
The company’s business had a total revenue of Rs 3,231 crore, with a profit before exceptional items and tax of Rs 261 crore (PBT at Rs 221 crore) from April to December 2019.

 

 
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