Bazmi Husain

"Higher volumes, favourable exchange rates and sustained efforts on operational excellence initiatives helped improve profitability," says the power and automation technologies company.

Satisfied by execution in Q2, but orders still lagging: ABB

As far as the power systems business is concerned, the company has a stressed balance sheet and it will put cash over revenues says Bazmi Husain, MD of ABB India

Targetting double-digit margins going forward: ABB

The focus of the company will remain on short-cycle orders in power generation space, said MD Bazmi Husain, adding that exports grew at a robust pace of 30 percent in Q4.

ABB Q4 net rises 42% on strong execution, operating profit

Order book of the company shot up nearly 50 percent year-on-year to Rs 2,487 crore in Q3 while orders for the year were Rs 7,908 crore, an increase of 10 percent compared to previous year.

ABB soars 8% on robust growth in Q4 net profit

Total income increased nearly 6 percent to Rs 2,204 crore compared to same quarter last year on account of growth in power business that grew 11.5 percent.

ABB Q4 profit jumps 3.5-fold to Rs 58.6 cr, margin doubles

Total income increased nearly 6 percent to Rs 2,204 crore compared to same quarter last year on account of growth in power business that grew 11.5 percent.

Margins stable; hope Budget focus on infra bottlenecks: ABB

Bazmi Husain, country manager and MD, ABB says that the year 2012 has been a challenging period for the company with margins starting to stabilise only in Q4

ABB sees orders growing, some project delays

ABB India's unit sees continued growth in order inflows despite early-stage projects getting a little delayed, a top executive of the company said on Wednesday.

ABB confident of double-digit growth going forward

ABB India, reported a jump in Net sales of 29% at Rs 1726 crore for the quarter ended September 2011 compared to Rs 1334 crore last year. Profit after tax (PAT) shotup substantially 93% at Rs 22 crore compared to Rs 11 crore last year.

ABB Q3 profit nearly doubles YoY on strong order flow

Power and automation major ABB Ltd India’s net profit for the third quarter (July-September) nearly doubled year-on-year to Rs 22.2 crore, helped by strong orders from core sectors.

ABB Q1 net up nine-fold to Rs 59.55 crore

ABB's first quarter (January-March) net profit jumped 800% year-on-year to Rs 59.55 crore on strong sales.