GVT&DNSEGE Vernova T&D India LimitedHighPositive
Announced Mon, 18 May · 19:22 IST

GE Vernova T&D India Limited has informed the Exchange that Board of Directors at its meeting held on May 18, 2026, recommended Final Dividend of Rs. 10 per equity share.

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Price reaction · full curve 14 horizons · vs prior close
+6.0%1-day move
₹4428.70
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₹4350.00
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AI summary

GE Vernova T&D India Limited reported strong full-year results for FY26 ended March 31, 2026. Total income grew to Rs. 62,971.5 million, up 45% from Rs. 43,548.9 million in the previous year. Net profit more than doubled to Rs. 12,332.5 million compared to Rs. 5,813.7 million in FY25. The Board recommended a final dividend of Rs. 10 per equity share (500% on face value of Rs. 2), subject to shareholder approval at the ensuing AGM. The company also fixed the record date for determining dividend eligibility. Deloitte Haskins & Sells issued an unmodified audit opinion on the annual financial results.

Likely market impact

The doubling of net profit and consistent dividend payout signals financial strength and shareholder-friendly policies, which could be positively viewed by investors. The record date fix provides clarity on dividend eligibility timeline.