Recommendation of final Dividend
Awaiting price reaction for this filing.
The Board of Directors of GE Vernova T&D India Limited met on May 23, 2025 and approved audited financial results for the quarter and year ended March 31, 2025, along with recommending a final dividend of Rs. 5 per equity share (250% on face value of Rs. 2 each) for FY25, subject to shareholder approval at the upcoming AGM. For FY25, the company reported revenue from operations of Rs. 4,292.3 crore, up sharply from Rs. 3,167.9 crore in FY24, and net profit of Rs. 608.3 crore versus Rs. 181.1 crore in FY24, with EPS of Rs. 23.76 (vs Rs. 7.07). The statutory auditor Deloitte Haskins & Sells issued an unmodified opinion. Cash and cash equivalents stood at Rs. 471.2 crore as on March 31, 2025, and total equity rose to Rs. 1,773.1 crore.
Strong FY25 results with over three-fold jump in net profit support the Rs. 5 per share dividend. Shareholders awaiting AGM approval will receive the payout within 30 days of the AGM if approved; the robust earnings and dividend may be viewed positively by investors.