Conference Call with GE Vernova T&D; India Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with GE Vernova T&D; India Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Conference Call with GE Vernova T&D; India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Machinery company GE Vernova T&D; India announced Q3FY25 results Revenue was Rs 10.7 billion, against Rs 8.4 billion in Q2FY24, up 28%. EBITDA was at Rs 1,797 million (16.7%), against Rs 966 million (11.5%) in Q2FY24. Profit After Tax was at Rs 1,427 million (13.3%), against Rs 494 million (5.9%) in Q2FY24. Order bookings were Rs 20.8 billion, against Rs 23.7 billion in Quarter Ended Dec 2023, down by 12%. Sandeep Zanzaria, Managing Director & CEO, GE Vernova T&D; India,, said: “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 Rs 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.” Result PDF
Industrial Machinery company GE Vernova T&D; India announced Q2FY25 results Financial Highlights: Revenue was Rs 11.1 billion, against Rs 7.0 billion in Q2FY24, up 59%. EBITDA was at Rs 2,086 million (18.8%), against Rs 698 million (10.0%) in Q2FY24. Profit After Tax was at Rs 1,446 million (13.1%), against Rs 372 million (5.3%) in Q2FY24. Order bookings were Rs 46.8 billion, against Rs 10.8 billion in Q2FY24, up 333% Other Highlights: Successfully commissioned 132 / 33 KV Substation with 2X50 MVA 132/33KV Transformers of JUSNL Mahuadarn under a World Bank funded project. Successfully charged 765 KV Line Bay, 765 KV Tie Bay & 765 & 400 KV 1500 MVA ICT Bay at 765/400KV at New Kotra Substation of Powergrid. Successfully commissioned 500 MVA Power Transformer, 125 MVAr Reactor, 16 Bays (8 nos. each of 400 kV and 220 kV bays), AIS Line Bay for Renew at Gadag and Narendra. Commissioned extension scope of 220 kV Line Bays and 220 kV Bus Sectionalizer for Hindalco at Jharsuguda, Odisha. Successfully commissioned 765 kV transformers for PGCIL at Bhadla. Successfully commissioned 765 kV transformers for Doosan at Obra. Successfully commissioned 400 kV transformers and shunt reactors for Doosan at Jawaharpur. Sandeep Zanzaria, Managing Director & CEO, GE Vernova T&D; India, said: “We delivered a solid second quarter, delivering continued revenue growth, significant margin expansion, and substantial cash generation. We have secured a record high order backlog, which positions the company for strong revenue growth in the coming years. As India continues to make significant strides towards its ambitious target of 500 GW non-fossil fuel capacity by 2030, we are excited to collaborate with stakeholders in power sector and contribute to this transformative journey.” Result PDF