Press Release- GE Vernova T&D India Limited Announces Fourth Quater and Full Year 2024-25 Results
Awaiting price reaction for this filing.
GE Vernova T&D India reported strong audited Q4 and FY25 results on May 23, 2025. Q4 revenue grew 26% year-on-year to INR 11.5 billion, while profit after tax (PAT) nearly tripled to INR 1,865 million (16.2% margin) from INR 663 million a year earlier. For the full year FY25, revenue rose 35% to INR 42.9 billion and PAT jumped to INR 6,083 million (14.2% margin) from INR 1,811 million, with EBITDA margin expanding sharply to 19.1% from 10.1% in FY24. Order bookings surged 86% year-on-year to INR 107.8 billion for the full year, driven by major wins from Power Grid Corporation, Sterlite Group, Adani Group, and Jindal Group. Several key transmission projects were successfully commissioned during the quarter for clients including Tata Power Solar, Renew Power, Reliance, and Adani at Khavda.
Strong double-digit growth in revenue, a near-tripling of full-year PAT, and 86% growth in the order book signal robust demand and improving operational efficiency. Sharp margin expansion combined with a healthy pipeline of high-value orders is likely to be viewed positively by investors, potentially supporting stock price upside.