GE Vernova T&D Q1 PAT Jumps 116% to Rs 2.91 Billion
POWER & RENEWABLE ENERGY

GE Vernova T&D Q1 PAT Jumps 116% to Rs 2.91 Billion

GE Vernova T&D India Limited reported its unaudited financial results for the quarter ended 30 June 2025, showcasing robust growth across all key financial metrics.
Revenue for the quarter stood at Rs 13.3 billion, marking a 39 per cent year-on-year increase from Rs 9.6 billion in the same period last year. EBITDA rose sharply to Rs 3.88 billion, up from Rs 1.82 billion, improving margins from 19.0 per cent to 29.1 per cent. Profit after tax surged by 116 per cent to Rs 2.91 billion, compared to Rs 1.35 billion in Q1 FY25.
Order bookings for the quarter reached Rs 16.2 billion, reflecting a 57 per cent year-on-year growth. Key wins included multiple orders from private TBCB developers for 765 kV transformers and reactors in Rajasthan and Gujarat, a 420 kV GIS order from Bharat Heavy Electricals Ltd in Madhya Pradesh, and export contracts for AIS/GIS equipment across Europe, South-East Asia, the Middle East, and Africa.
Operational highlights included the successful commissioning of 765 kV AIS and 400 kV GIS bays, and the addition of 500 MVA transformation capacity for PGCIL in Kotra. The company also commissioned significant capacity for Adani in Khavda and delivered approximately 2,700 MVA at various national sites including Doosan Jawaharpur and Aditya Aluminum Lapanga.
Sandeep Zanzaria, Managing Director & CEO, commented, “This strong start to FY26 reflects the ongoing modernisation of India’s power grid and rising demand for reliable, renewable-ready infrastructure. Our disciplined approach to profitable order selection and operational excellence continues to drive value for our shareholders.” 

GE Vernova T&D India Limited reported its unaudited financial results for the quarter ended 30 June 2025, showcasing robust growth across all key financial metrics.Revenue for the quarter stood at Rs 13.3 billion, marking a 39 per cent year-on-year increase from Rs 9.6 billion in the same period last year. EBITDA rose sharply to Rs 3.88 billion, up from Rs 1.82 billion, improving margins from 19.0 per cent to 29.1 per cent. Profit after tax surged by 116 per cent to Rs 2.91 billion, compared to Rs 1.35 billion in Q1 FY25.Order bookings for the quarter reached Rs 16.2 billion, reflecting a 57 per cent year-on-year growth. Key wins included multiple orders from private TBCB developers for 765 kV transformers and reactors in Rajasthan and Gujarat, a 420 kV GIS order from Bharat Heavy Electricals Ltd in Madhya Pradesh, and export contracts for AIS/GIS equipment across Europe, South-East Asia, the Middle East, and Africa.Operational highlights included the successful commissioning of 765 kV AIS and 400 kV GIS bays, and the addition of 500 MVA transformation capacity for PGCIL in Kotra. The company also commissioned significant capacity for Adani in Khavda and delivered approximately 2,700 MVA at various national sites including Doosan Jawaharpur and Aditya Aluminum Lapanga.Sandeep Zanzaria, Managing Director & CEO, commented, “This strong start to FY26 reflects the ongoing modernisation of India’s power grid and rising demand for reliable, renewable-ready infrastructure. Our disciplined approach to profitable order selection and operational excellence continues to drive value for our shareholders.” 

Next Story
Real Estate

Hiranandani Launches India’s Largest Coastal Township in Alibaug

Hiranandani Communities, led by Dr Niranjan Hiranandani, has launched Hiranandani Sands, India’s largest integrated coastal township, near Mumbai in Alibaug, with an estimated revenue of Rs 170 billion. Spanning 225 acre, the township is designed as Mumbai’s lifestyle extension hub, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments. Residents will have private beachfront access and a jetty, alongside five hotels covering luxury, business, and leisure segments, a mega convention centre, eco-wellness hub, beachside entertainment, and a globa..

Next Story
Real Estate

TDI City Kundli Relaunched with Rs 1 Billion Redevelopment Plan

TDI Infrastructure has announced a Rs 1 billion investment to redevelop and relaunch the 1,100-acre TDI City Kundli, positioning it as a natural and affordable alternative for residents of North and West Delhi. Situated just 30 minutes from Delhi via the newly operational UER-2, the township currently has around 7,000 plot owners and more than 5,000 apartments.“As part of the redevelopment, we are collaborating with Resident Welfare Associations (RWAs) to upgrade 62 parks across 23 acres, improve internal roads, enhance the existing clubhouse, and commence a new second clubhouse to support r..

Next Story
Infrastructure Transport

India Plans Rs 70 Billion Push for Shipbuilding and Ports

The Indian government is preparing a Rs 70 billion stimulus for the shipping sector, with the Union Cabinet expected to review three major schemes shortly, according to media reports. The initiative reflects India’s efforts to expand shipbuilding, port infrastructure, and maritime trade capacity in the coming years.Shares of leading shipbuilders such as Shipping Corporation of India (SCI), Garden Reach Shipbuilders & Engineers (GRSE), and Mazagon Dock Shipbuilders have already risen on expectations of government support.The plan centres on three key initiatives: a Rs 20 billion Shipbuild..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?