GE Vernova T&D India Limited has informed the Exchange about Transcript

GE Vernova T&D India reported exceptional Q4 and full-year FY26 results driven by India's power sector transformation. Q4 order intake surged 188% to INR86.1 billion, pushing full-year order backlog to a record INR214.6 billion (up 49%). Revenue grew 45% to INR62.1 billion, while EBITDA more than doubled to INR17 billion with Q4 margins hitting a record 27.2%. The company won its first VSC HVDC project from Adani and secured significant export orders worth approximately INR12 billion. Management highlighted that 98% of backlog is from high-credit-quality counterparties (private customers, central utilities, PSUs), with state utility exposure reduced to under 2%. A capex program exceeding INR10 billion is underway through 2028, including a new INR550 million facility in Tamil Nadu for disconnectors and drives. The company declared a dividend of INR10 per share and maintained a debt-free balance sheet with INR25 billion cash.