GVPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GE Power India Limited reported strong FY2026 results with net profit of ₹2,363.6 million, up 23% from ₹1,918.1 million in FY2025. Revenue from operations increased 21% to ₹12,692.7 million from ₹10,471.0 million. The auditors (Deloitte Haskins & Sells) gave an unmodified opinion confirming clean books. The Board recommended a final dividend of ₹7 per equity share (totaling ₹470.6 million) for shareholder approval at the AGM. Key positive developments include settlement proceeds from BHEL (₹3,430.6 million received) and Jaiprakash Power Ventures (₹250 million), partially offset by a ₹425.7 million exceptional provision for new labour codes. The company is also demerging its Durgapur facility to JSW Energy Limited, which is pending approvals.
The 23% profit growth and dividend recommendation signal a healthy financial position. The BHEL settlement significantly boosted cash flows, and the ongoing restructuring (Durgapur demerger) could unlock further value. Clean audit opinion adds credibility.