| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.5K | 15.7% | 38.9% |
| Total Income | 1.6K | 15.7% | 40.1% |
| Expenditure | 1.2K | 20.9% | 25.9% |
| PBT | 401.27 | 2.9% | 107.1% |
| Net Profit | 299.48 | 2.8% | 107.1% |
| OPM | 25.77% | 3.37pp | 9.97pp |
| NPM | 19.23% | 2.40pp | 6.22pp |
| EPS | 11.70 | 2.9% | 107.1% |
GE Vernova T&D India Q2 FY 2025-26 Results: Revenue Up 39%, EBITDA at 25.8%, PAT at 19.5%
03 Nov 2025 · 3 Nov 2025, 02:25 pm
Summary
GE Vernova T&D India Limited reported its unaudited financial results for the second quarter ended September 30, 2025. The company saw a 39% increase in revenue, a 25.8% EBITDA, and a 19.5% Profit After Tax compared to the same quarter last year. Order bookings, however, were down by 66%.
Key Highlights
- 1
Revenue was at INR 15.4 billion, up 39%
- 2
EBITDA was at INR 3,965 million (25.8%)
- 3
Profit After Tax was at INR 2,995 million (19.5%)
- 4
Order bookings were at INR 16.1 billion, down by 66%
- 5
Secured order of 765 kV, 400 kV, and 220 kV GIS substations from a private TBCB player in the state of Gujarat
- 6
Secured order of 400/220kV AIS Substation from a private renewable developer in the state of Karnataka
- 7
Secured order of 765 kV GIS substation from a private EPC player in the state of Maharashtra
- 8
Secured order of 245/145kV GIS substation from a private EPC player in the state of Maharashtra
- 9
Secured orders of 765kV AIS equipment and Grid Automation packages from EPC players
- 10
Secured multiple orders for export of AIS/GIS equipment to Europe, North America, Middle East and Africa
- 11
Successfully commissioned 765 kV AIS and 400 kV GIS bays and added a total of ~2,700 MVA capacity at various sites
- 12
The Company announced plans to invest INR 806 crore towards expanding existing capacities for Transformers & Reactors at Vadodara facility and GIS & AIS products at Padappai and Hosur sites
Management Comments
Sandeep Zanzaria
Managing Director & CEO of GE Vernova T&D India Limited
Our results were fueled by the accelerating pace of India's grid modernization, which is essential for bolstering reliability, integrating vast renewable capacity, and meeting the nation's rising power requirements. Importantly, we have maintained a disciplined focus on margin-accretive orders, a strategy we are committed to pursuing for long term.
Informational and educational content only. Not investment advice.