| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 1.7K | 10.5% | 58.4% |
| Total Income | 1.7K | 10.4% | 56.4% |
| Expenditure | 1.3K | 9.1% | 38.6% |
| PBT | 389.71 | 2.9% | 105.2% |
| Net Profit | 290.80 | 2.9% | 103.8% |
| OPM | 22.66% | 3.11pp | 8.83pp |
| NPM | 16.91% | 2.32pp | 3.93pp |
| EPS | 11.36 | 2.9% | 104.0% |
GE Vernova T&D India Q3 FY 2025-26 Results: Revenue Surges 58%, EBITDA at 26.7%, Profit After Tax at 17.1%
28 Jan 2026 · 28 Jan, 6:33 pm
Summary
GE Vernova T&D India Limited reported its unaudited financial results for the third quarter ended December 31, 2025. The company's revenue was INR 17.0 billion, up 58% from the previous quarter. EBITDA was at INR 4,546 million (26.7%), and Profit After Tax was at INR 2,908 million (17.1%). Order bookings were INR 29.4 billion, up 41% from the previous quarter.
Key Highlights
- 1
Secured order from Power Grid Corporation of India Ltd. (PGCIL) for refurbishment of 2x500MW Chandrapur HVDC Back to Back Station.
- 2
Secured major order from Power Grid Corporation of India Ltd (PGCIL) for 765 kV power transformers at various transmission pooling stations to evacuate power from renewable energy zone.
- 3
Secured order from a private TBCB developer for 765kV Power Transformers in the state of Gujarat.
- 4
Secured an order for 400 kV GIS at Vulcan Green, Oman, for Jindal Group through GE Grid Solutions UAE.
- 5
Secured order for 400 kV GIS from an EPC contractor for a substation in Uttarakhand.
- 6
Secured orders from domestic customers in India for supply of 400 kV and 220 kV GIS at various locations.
- 7
Secured multiple orders for export of AIS/GIS Equipments to Europe, Middle East and Africa.
- 8
Successfully commissioned 400 kV and 220 kV AIS bays for Renew in Koppal RTM.
- 9
Successfully commissioned 132 kV and 33 kV AIS bays and added 100 MVA transformation capacity for JSUNL at Bhawnathpur substation.
- 10
Successfully commissioned 132 kV GIS bays for WBSETCL at Birlapur.
- 11
Successfully commissioned 765 kv Transformers and Reactors at multiple substations for Power Grid Corporation of India Ltd.
Management Comments
Sandeep Zanzaria
Our strong Q3 performance reflects India's fast paced energy transformation, driven by record renewable capacity additions that are reshaping the nation's power landscape. As renewables increase in India's energy mix, the demand for robust transmission and distribution infrastructure has never been greater to ensure grid stability and reliability. We remain committed to our disciplined approach of pursuing margin-accretive orders that deliver sustainable value, positioning us to capitalize on India's long-term energy transition while maintaining operational excellence.
Informational and educational content only. Not investment advice.