ABB2022-10-012022-12-31 ABB2022-10-012022-12-31 ABB2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member ABB2022-10-012022-12-31in-bse-fin:OneOperatingExpenses02Member ABB2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member ABB2022-10-012022-12-31in-bse-fin:FourOperatingExpenses02Member ABB2022-12-31 ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue01Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue02Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue03Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue04Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue05Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue06Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue01Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue02Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue03Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue04Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue05Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue06Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults01Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults02Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults03Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults04Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults05Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults06Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults01Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults02Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults03Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults04Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults05Member ABB2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults06Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets01Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets02Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets03Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets04Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets05Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets06Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member ABB2022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member ABB2022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities03Member ABB2022-12-31in-bse-fin:OneReportableSegmentLiabilities03Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities04Member ABB2022-12-31in-bse-fin:OneReportableSegmentLiabilities04Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities05Member ABB2022-12-31in-bse-fin:OneReportableSegmentLiabilities05Member ABB2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities06Member ABB2022-12-31in-bse-fin:OneReportableSegmentLiabilities06Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500002 ABB NOTLISTED ABB India Limited Equity 2022-01-01 2022-12-31 2023-02-10 2022-12-14 INR Crores Yearly 14:00:00 17:15:00 2023-02-10 2023-02-10 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2022-10-01 2022-12-31 Audited Standalone 24269100000.00 700100000.00 24969200000.00 12927500000.00 1825900000.00 129700000.00 1585200000.00 72400000.00 268200000.00 4158000000.00 20966900000.00 4002300000.00 0.00 4002300000.00 811200000.00 132000000.00 943200000.00 0.00 3059100000.00 -7800000.00 -1900000.00 -5900000.00 0.00 3053200000.00 -225000000.00 2828200000.00 0.00 0.00 423800000.00 2 14.44 14.44 -0.03 -0.03 14.41 14.41 0.00 0.00 0.00 1. This statement has been reviewed by the Audit Committee and recommended for approval to the Board and the Board approved at its meeting held on February 10, 2023. 2. On March 5, 2019, the Board of Directors of Company approved the Scheme of Arrangement amongst the Company and Hitachi Energy India Limited (HEIL) (formerly ABB Power Products and Systems India Limited) for Demerger of Company’s Power Grids business to HEIL (“Demerger”) and the Appointed date for the Demerger was April 1, 2019. The Demerger was approved by National Company Law Tribunal (‘NCLT’) and the NCLT approval was filed with the Registrar of Companies on December 1, 2019 (Effective date). Further, the income earned / expenses incurred relating to the above mentioned discontinued business is disclosed as part of discontinued operations. 3. During the quarter ended March 31, 2022, ABB India Limited (‘the Company”) sold its turbocharger business (which was part of Process Automation segment) to a wholly owned subsidiary Turbocharging Industries and Services India Private Limited (‘TISIPL’), on a slump sale basis for a consideration of Rs. 310 Crores determined based on independent valuation. This was in line with ABB Group’s ongoing systematic portfolio restructuring to focus on higher growth segments. In this regard, a gain on sale of the business amounting to Rs. 293.35 Crores was recognised as income and was presented as an exceptional item. During the quarter ended September 30, 2022, the Company has sold the investment in TISIPL to Turbo Systems Switzerland Limited for a consideration of Rs. 355 Crores determined based on independent valuation. The gain on sale amounting to Rs. 40 Crores was recognised as income and presented as an exceptional item. The Company has also sold certain Property Plant and Equipment to TISIPL during the quarter ended September 30, 2022 and the profit thereon amounting to Rs. 5.91 Crores was presented as an exceptional item. The total income presented as exceptional gain during the year is Rs. 339.26 Crores. 4. The Board of Directors of the Company have recommended a dividend of Rs. 5.50 per equity share of face value of Rs. 2 each for the year ended December 31, 2022. 5. The figures for the last quarter of current and the previous years are the balancing figures between audited figures for the full financial years and the unaudited published year-to-date figures for nine months of respective years. 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