GE Vernova T&D India Reports Stellar Q4 Performance: Net Profit Triples, Order Book Surges Jun 11, 2025
GE Vernova T&D India Soars 10% on Stellar Q4 Performance May 26, 2025
More news about GE Vernova T&D
23May 25
GE Vernova T&D India Reports Nearly Threefold Jump in Q4 Profit
GE Vernova T&D India's Q4 consolidated net profit soared to Rs 186.40 crore from Rs 66.20 crore year-over-year, marking a 181.6% increase. Revenue grew by 26% to Rs 1,153.00 crore. The company's board declared a final dividend of Rs 5.00 per equity share, subject to shareholder approval.
14May 25
GE Vernova to Invest ₹140 Crore in Indian Manufacturing and Engineering Expansion
GE Vernova's Transmission & Distribution India division plans to invest ₹140 crore to expand its manufacturing and engineering operations in India. The investment includes a new manufacturing line in Chennai for HVDC and STATCOM valves, expected to be operational by early 2027, and a new engineering and test lab in Noida, projected to be ready by the end of 2025. This expansion aims to enhance the company's capabilities in meeting India's growing demand for advanced grid infrastructure, supporting the country's evolving energy needs and power distribution network modernization.
02May 25
GE Vernova T&D India Secures Major Contract for Renewable Energy Infrastructure
GE Vernova T&D India Limited has won a significant contract to supply extra high-voltage transformers and shunt reactors for renewable energy corridors across India. The company will deliver 70 units of 765 kV transformers and associated equipment to Powergrid, India's central transmission utility. This contract is crucial for enhancing India's renewable energy infrastructure and improving long-distance power transmission capabilities.
01May 25
GE Vernova T&D India Secures Major Contract for Renewable Energy Infrastructure
GE Vernova T&D India has won a significant contract to supply extra high-voltage transformers and shunt reactors for renewable energy corridors across India. The project includes delivering 70 units of 765 kV transformers and shunt reactors to Powergrid, India's central transmission utility. This contract will support India's renewable energy infrastructure expansion, enhancing the country's capacity to transmit power from green energy sources and integrate large-scale solar and wind projects into the national grid.
05Mar 25
GE Vernova T&D India Ltd. Secures Major Orders Amidst Block Trade Activity
GE Vernova T&D India Ltd. has won three orders totaling Rs. 500 Crores from Power Grid Corporation of India Limited for supplying and installing 765kV Class Transformers & Reactors. The orders have a 36-month execution timeframe. Concurrently, a block trade of 116,291 shares worth Rs. 16.27 Crores was executed on NSE at Rs. 1,398.70 per share.
05Mar 25
GE Vernova T&D India Secures ₹500 Crore Order Amidst Remarkable 21-Year Growth
GE Vernova T&D India Limited has won three orders totaling ₹500 crore from Power Grid Corporation of India Limited for supply and installation of transformers and reactors. The company's stock has shown remarkable growth over 21 years, rising from ₹7 to ₹1,400, yielding a 19,900% return. Q3 FY25 results show net profit up 189% to ₹142.7 crore and revenue up 27.8% to ₹1,073.7 crore, despite a 12% decrease in order bookings.
04Mar 25
GE Vernova T&D India Secures ₹500 Crore Orders from Power Grid for 765kV Class Equipment
GE Vernova T&D India Limited has won three contracts worth approximately ₹500 crore from Power Grid Corporation of India Limited (PGCIL). The orders involve supplying and installing 765kV class transformers and reactors over a 36-month period. This high-voltage equipment is crucial for efficient long-distance electricity transmission across India's national grid.