GE Vernova T&D India Q4 profit rises 89% as margin expands; dividend declared

GE Vernova T&D India Ltd reported a strong set of fourth-quarter earnings, with net profit rising nearly 89% year-on-year amid robust revenue growth and sharp margin expansion.

The company posted a net profit of ₹351.7 crore for the March quarter, compared with ₹186.4 crore in the year-ago period. Revenue for the quarter rose 42% to ₹1,637 crore from ₹1,153 crore a year earlier.

Operating performance also improved significantly during the quarter. EBITDA climbed 76.5% year-on-year to ₹445 crore from ₹252 crore, while EBITDA margin expanded to 27.2% from 21.9% in the corresponding quarter last year.

The strong performance comes amid continued momentum in India’s power transmission and grid infrastructure segment, supported by rising investments in renewable energy integration, transmission modernisation and electrification projects.

The board of directors has recommended a final dividend of ₹10 per equity share of face value ₹2 each for FY26, subject to shareholder approval at the upcoming annual general meeting. The company has fixed August 21, 2026 as the record date to determine shareholder eligibility for the dividend.

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If approved at the AGM, the dividend will be paid within 30 days from the date of shareholder approval.

GE Vernova T&D India is engaged in power transmission and distribution solutions, including grid infrastructure, substations and energy transition-related technologies.