GE Vernova Q4 results: Energy player GE Vernova T&D India on Monday, May 18, reported its earnings for the fourth quarter of the 2025-26 financial year (Q4 FY26), posting a net profit of ₹352 crore, reflecting an 88.6% YoY surge.
In the corresponding period of the preceding fiscal year, it had logged a profit of ₹187 crore, according to a regulatory filing.
Its revenue from operations advanced 42% YoY to ₹1,637 crore for the reporting quarter, as against ₹1,1153 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).
Its earnings before interest, tax, depreciation and amortisation (EBITDA), also known as operating profit, stood at ₹440 crore in the quarter ended March 31, 2026, marking a 27.2% YoY surge from ₹250 crore in the year-ago period.
Furthermore, its order bookings during the quarter under review stood at ₹8,610 crore, reflecting a 188% YoY jump from ₹2,990 crore in Q4 FY25.
Final dividend
GE Vernova T&D India’s board of directors recommended a final dividend of ₹10 per equity share, with a face value of ₹2 each for FY26.
Furthermore, it fixed Friday, August 21, 2026, as the record date for the same.
Capacity addition
Along with declaring the results and recommending the dividend, GE Vernova’s board of directors, at its meetings, approved an investment of ₹55 crore towards creating new capacity for disconnectors and drives for 362 kV Dead Tank Circuit Breakers.
The capacities will be established at a new facility located in Vallam, Tamil Nadu, the filing added.
With this investment, the firm will introduce these products for India and international markets. Presently, the capacities of these products are nil, it stated.
“The aforesaid expansion will be completed in phases, and first production will be rolled out by December ‘2026 (Tentatively) and will be funded through internal accruals.”
The strategic investment is aimed at enabling the company to meet growing demand for power transmission equipment and serve its customers in domestic, as well as export markets.
What the CEO said
Commenting on the performance, Sandeep Zanzaria, Managing Director & CEO, GE Vernova T&D India Limited, said: “GE Vernova T&D India has delivered a stellar year, marked by record order bookings and strong execution. During the year, we also initiated significant capital investments of more than ₹10 billion across multiple product lines and facilities, laying critical foundations for the next phase of growth.”
He added that the team has executed well and remains focused on delivering for the long term, with “unwavering commitment to SQDC – Safety, Quality, Delivery and Cost, and to supporting India’s energy transition with reliable, innovative solutions.”
Shares of GE Vernova closed 1.94% higher at ₹4,426.80 apiece on the National Stock Exchange (NSE) on Monday, May 18, ahead of the earnings announcement.
GE Vernova T&D India has a total market capitalisation of ₹1.13 lakh crore as of May 18, 2026, according to data on the NSE.