GE Vernova T&D India Limited — Investor Meet, 10-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

GE Vernova T&D India reported strong Q2 FY26 results with Revenue up 39% YoY to 1540 Cr and Profit Before Tax soaring 2.1x to 400 Cr. EBITDA hit 25.8%. Order bookings were 1610 Cr, building a robust backlog of 13110 Cr. The company is investing an additional 800 Cr (total 1040 Cr) in capacity expansion for advanced grid technologies, supporting domestic and export growth. Management sees significant opportunities in HVDC, STATCOM, and data centers. Demand outlook remains positive with stable pricing. Cash balance is healthy at 1520 Cr with no debt, reflecting confident management.