GE Vernova T&D India Limited — Updates, 29-07-2025: Press Release

GE Vernova T&D India reported robust Q1 financial results. Revenue surged 39% YoY to INR 1330 Cr, with Profit After Tax more than doubling to INR 291.2 Cr (21.9% margin). Order bookings soared 57% YoY to INR 1620 Cr, reflecting strong demand for grid modernization. Key wins include multiple orders for 765 kV transformers/reactors from private developers and GIS equipment for BHEL. The company also secured export orders and successfully commissioned significant transmission capacity for PGCIL and Adani. Management highlighted focus on profitable order intake and free cash flow.