NSEPress Release23h ago · 30 Oct 2026, 05:06 pm
Press Release
GE Vernova T&D India Limited · GVT&D
✦ AI Summary▲ PositiveResults
GE Vernova T&D India Limited has announced its second quarter FY 2026-27 results, with revenue up 32% YoY to INR 20.3 billion, EBITDA up 39% YoY to INR 5.5 billion, and Profit After Tax up 44% YoY to INR 4.3 billion. The company has also secured significant orders for power transmission and distribution projects.
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GE Vernova T&D India Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "GE Vernova T&D India Limited Announces Second Quarter FY 2026-27 Results".
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October 30, 2026
The Secretary The Manager GE Vernova T&D India Limited
BSE Limited Listing Department (Formerly known as GE T&D India Limited)
Phiroze Jeejeebhoy National Stock Exchange of India Ltd. L31102DL1957PLC193993
Towers, Exchange Plaza, Bandra Kurla Corporate Office: T-5 & T-6, Plot 1-14, Axis House, Jaypee
Dalal Street Complex, Bandra (East) Wishtown, Sector-128, Noida-201304, Uttar Pradesh
Mumbai-400 001 Mumbai-400 051
T +91 120 5021500
Email id: secretarial.compliance@gevernova.com
Website:
Code No. 522275 Symbol: GVT&D
https://www.gevernova.com/regions/asia/in/gevernova-td-
india
Dear Sir/Madam,
Sub: Press Release
Please find enclosed herewith Press Release titled – “GE Vernova T&D India Limited Announces Second Quarter FY 2026-27
Results”.
This is for your information and records.
Thanking you,
For GE Vernova T&D India Limited
Shweta Mehta
(Membership No. A18600)
Company Secretary & Compliance Officer
Contact No.: +91-120-5021500
Regd. Office: A-18, First Floor, FIEE Complex Okhla Industrial Area Phase II, New Delhi – 110020 (India). Tel.: +91-11- 41610660
GE Vernova T&D India Limited Announces Second Quarter FY 2026-27 Results
New Delhi, October 30, 2026: GE Vernova T&D India Limited (NSE:GVT&D) reported on October 30,
2026 its financial results for the second quarter ended September 30, 2026.
For the second quarter (July 1, 2026 – September 30, 2026)
• Revenue was INR 20.3 billion, against INR 15.4 billion in Quarter Ended Sep 2025, up 32% YoY
• EBITDA was at INR 5.5 billion (27.1%), against INR 4.0 billion (25.8%) in Quarter Ended Sep 2025,
up 39% YoY
• Profit After Tax was at INR 4.3 billion (21.3%), against INR 3.0 billion (19.5%) in Quarter Ended
Sep 2025, up 44% YoY
• Order bookings were INR 24.4 billion, against INR 16.1 billion in Quarter Ended Sep 2025, up by
52% YoY
Key Wins in second quarter (July 1, 2026 – September 30, 2026)
• Secured order for supply of 400 kV Generator Transformers and 420 kV GIS package for a major
1,500 MW pumped storage hydro project in the state of Maharashtra.
• Secured order for supply of 800 kV and 420 kV GIS packages for a transmission project in the
state of Andhra Pradesh.
• Secured order for supply of 400 kV Reactors and 420/220 kV GIS package for a TBCB
transmission project in the state of Himachal Pradesh.
• Secured order for supply of 765 kV shunt reactors (110 MVAR & 80 MVAR) for a TBCB
transmission project in state of Andhra Pradesh.
• Secured multiple orders for export of AIS/GIS equipment to North America, Europe, Middle East
and Africa.
• Secured multiple orders for supply of Grid Automation packages from state utilities, EPCs for
transmission and data center projects.
Operational Highlights of Q2, Financial Year 2026-27
• Successfully commissioned 400 kV GIS bays along with power transformer for NEA Barhabise
Site in Nepal.
• Successfully commissioned 400 kV GIS and 220 kV AIS bays for GETCO at Babarzar in Gujarat.
• Successfully commissioned 765 kV ICTs and shunt reactors at Powergrid Dausa, Khavda, Bidar
sites.
• Successfully commissioned 765 kV Generator Transformer at NUPPL (Neyveli Uttar Pradesh
Power Limited) Ghatampur site.
• Successfully commissioned SCADA Supported Advanced Distribution Control Center for the
Western Province of Ceylon Electricity Board.
Sandeep Zanzaria, Managing Director & CEO, GE Vernova T&D India Limited, said, “We had another
quarter of significant orders and revenue growth as well as EBITDA margin expansion. We're seeing
strong momentum backed by solid execution across our project portfolio. As India pushes forward on its
renewable energy goals, we're well-positioned to grow alongside that demand and we're excited about
what's ahead.”
About GE Vernova T&D India
GE Vernova T&D India Ltd is the listed entity of GE Vernova’s Electrification segment in India. With over 100
years of presence in the country, GE Vernova T&D India is a leading player in the power transmission and
distribution business. The company provides a versatile and robust range of solutions for connecting and
evacuating power from generations sources onto the grid, and a wide range of products including power
transformers, circuit breakers, gas-insulated switchgear, instrument transformers, substation automation,
digital software solutions, turnkey substation solutions, FACTS, HVDC, and maintenance support. With five
manufacturing sites, GE Vernova T&D India is future ready to meet the industry’s growing demand for grid
equipment and services. GE Vernova is committed to invent, deploy, and service technology to help
decarbonize and electrify the Indian grid, and catalyse access to more secure, sustainable, reliable, and
affordable electricity, to help drive global economic development. https://www.gevernova.com/regions/in/ge-td-
india-limited
About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and
Electrification segments and is supported by its accelerator businesses. Building on over 130 years of
experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition
by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers
power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE
Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 85,000 employees across 100+
countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE
Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn
more: GE Vernova and LinkedIn
Contact:
Kanika Arora
South Asia Communications Lead, GE Vernova
Kanika.Arora@gevernova.com