Heavy Electrical Equipment company GE Power India announced Q1FY27 results Consolidated Financial Highlights: Total Income: The consolidated total income for Q1FY27 stood at Rs 3,405.7 million, representing a growth of 1.40% on a QoQ basis compared to Rs 3,358.7 million in Q4FY26. On a YoY basis, it increased by 0.18% from Rs 3,399.5 million in Q1FY26. Revenue from Operations: Consolidated revenue for Q1FY27 was Rs 3,086.9 million, showing a decline of 2.44% QoQ from Rs 3,164.0 million in Q4FY26. However, it grew by 7.61% YoY from Rs 2,868.5 million in Q1FY26. Net Profit after Tax: The company reported a consolidated net profit of Rs 537.3 million for Q1FY27, reflecting a decrease of 52.54% QoQ compared to Rs 1,132.1 million in Q4FY26. On a YoY basis, net profit increased by 54.75% from Rs 347.2 million in Q1FY26. Profit Before Tax (Continuing Operations): PBT from continuing operations reached Rs 700.0 million in Q1FY27, down 45.91% QoQ from Rs 1,294.2 million in Q4FY26, but up 48.53% YoY from Rs 471.3 million in Q1FY26. Total Comprehensive Income: Total comprehensive income for Q1FY27 was Rs 541.3 million, compared to Rs 1,150.0 million in Q4FY26 and Rs 343.2 million in Q1FY26. Earnings Per Share (EPS): Basic and diluted EPS for continuing and discontinued operations stood at Rs 7.99 for Q1FY27, compared to Rs 16.84 in Q4FY26 and Rs 5.16 in Q1FY26. Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 3,405.7 million, up 1.40% QoQ from Rs 3,358.7 million in Q4FY26 and up 0.22% YoY from Rs 3,398.3 million in Q1FY26. Revenue from Operations: Standalone revenue reached Rs 3,086.9 million in Q1FY27, reflecting a QoQ decrease of 2.44% against Rs 3,164.0 million in Q4FY26 and a YoY increase of 7.66% against Rs 2,867.3 million in Q1FY26. Net Profit after Tax: Standalone net profit stood at Rs 525.5 million in Q1FY27, marking a 48.80% decline QoQ from Rs 1,026.4 million in Q4FY26, while increasing 66.24% YoY from Rs 316.1 million in Q1FY26. Total Comprehensive Income: Standalone total comprehensive income for the period was Rs 529.5 million in Q1FY27 vs Rs 1,045.2 million in Q4FY26 and Rs 312.1 million in Q1FY26. Business Highlights Operating Segment: The company’s business activity falls within a single operating segment, namely "Power Generation equipment and related services." Discontinued Operations: The demerger and transfer of the Company's Durgapur facility to JSW Energy Limited is ongoing. The facility has been classified as a discontinued operation and "Assets classified as held for sale," with the transaction expected to complete within twelve months from June 30, 2026. Order Backlog: The current quarter ended with an order backlog of Rs 15,454 million, a decline of 41.4% YoY compared to Rs 26,353 million in Q1FY26, primarily driven by the termination of two FGD EP contracts (Jaypee Bina and Nigrie) amounting to Rs 7,749 million. Settlement with BHEL: During the previous year (FY26), the company received Rs 3,430.6 million under a settlement agreement with BHEL, which led to reversals of Expected Credit Loss (ECL) classified under other expenses in that year. Puneet Bhatla, Managing Director, GE Power India said, "Our performance in Q1 reflects the ongoing success of our strategic transformation at GE Power India Limited. Our renewed and pivoted commercial and operational strategy implemented about two years back has started yielding clear results, and what makes this quarter particularly significant is that these improvements are driven purely by operational excellence, without the aid of any exceptional or one-time items. By prioritizing execution and financial discipline, we have successfully pivoted toward higher-margin, shorter-cycle projects with lower working capital requirements. This selective approach has yielded clear margin improvements within our core services and upgrades businesses. With a leaner, more focused portfolio and a robust order book, we have established a strong foundation for sustainable profitability and are well-positioned for the remainder of FY27." Result PDF
Heavy Electrical Equipment company GE Power India announced Q1FY26 results Total income for the quarter was Rs 3,398.3 million up by 34.4%, compared to Rs 2,528.7 million in Q1FY25. Profit/(Loss) before tax and exceptional items for the quarter at Rs 316.1 million, compared to Rs (-) 250.1 million in Q1FY25. Earnings before interest, taxes, depreciation and amortisation (EBITDA) before exceptional items for Q1FY26 is 12.0%, compared to -4.7% for Q1FY25. The current quarter ended with an Order backlog of Rs 26,353 million, up by 13.1% compared to Rs 23,309 million in Q1FY25. Puneet Bhatla, Managing Director, GE Power India, said: “ We've had a strong start to the year with our orders, sales, profitability, and net cash all exceeding budget. Our focused efforts on operations and project claims have resulted in a robust cash collection performance. This quarter’s performance reinforces the success of our growth strategy and provides a solid foundation for the year ahead.” Result PDF
Conference Call with GE Power India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.