New Delhi, Feb. 19 -- ABB India Ltd ended another year with strong earnings growth but the stock's sharp decline this year points to another story.

The engineering conglomerate's Ebitda grew 58% year-on-year in the December quarter aided by improved revenue mix, price advantage, and better economies of scale. Its electrification and process automation segments saw Ebit growth of 65% and 51%, respectively.

However,ABB India's growth outlook is subdued and its order inflow slowed significantly in the December quarter to Rs.2,695 crore, lower than its Rs3,000-3,500 crore range in the seven quarters prior. Its order inflow fell 14% year-on-year in the fourth quarter, sharply dragging ABB India's 2024 inflow growth to 6% from 23% in 2023.

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