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

30 Jul 2025 CW Team

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.”

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..