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GE T&D India Ltd Q3 FY25 Results

GVT&DQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue1.1K3.1%
Total Income1.1K1.1%
Expenditure909.560.9%
PBT189.892.0%
Net Profit142.681.3%
OPM13.83%1.97pp
NPM12.98%0.03pp
EPS5.571.4%
View full financials

GE Vernova T&D India's Q3 FY 2024-25 Results: Revenue Up 28%, Order Bookings Down 12%

05 Feb 2025 · 5 Feb 2025, 09:59 pm

Summary

GE Vernova T&D India Limited has reported its unaudited financial results for the quarter ended December 31, 2024. The company's revenue for the third quarter was INR 10.7 billion, up 28% from INR 8.4 billion in the same quarter last year. EBITDA stood at INR 1,797 million (16.7%), and Profit After Tax was at INR 1,427 million (13.3%). Order bookings were INR 20.8 billion, down by 12% from INR 23.7 billion in the same quarter last year.

Key Highlights

  1. 1

    Revenue increased by 28% compared to the same quarter last year

  2. 2

    EBITDA at 16.7% and PAT at 13.3%

  3. 3

    Order bookings of INR 20.8 billion, down by 12%

  4. 4

    Secured large orders from Sterlite Grid, Jindal Group, and leading EPC groups

  5. 5

    Successfully commissioned various projects for PGCIL, Indigrid, Reliance Industries, Adani, Powergrid, and SJVN Arun -3

Management Comments

S

Sandeep Zanzaria

We are pleased to report a solid third quarter - we expanded margins for a third consecutive quarter and closed large deals with a total value of INR 20.8 billion. We are advancing on our long-term vision with steady, sustainable growth and a sharp focus on safety, quality, delivery and cost.

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