After GE Vernova T&D India reported a 117.2% YoY profit growth to ₹291 crore for Q1FY26, the company’s shares surged 5% to ₹2,604.25, reaching a 52-week high. Strong order inflows of ₹1,620 crore helped to drive a 38.8% increase in revenue to ₹1,330 crore.
Tuesday saw GE Vernova T&D India’s shares reach their 52-week high of ₹2,604.25, a 5 percent increase, following the company’s announcement of impressive financial results for the quarter that ended in June 2025 (Q1FY26). Investor confidence in the power transmission player’s growth trajectory was reaffirmed by the rally, which was fueled by strong profits and a dramatic increase in order inflows.
Q1FY26 Earnings Increase in Every Metric
In the June quarter, GE Vernova T&D India recorded a net profit of ₹291 crore, up 117.2 percent year over year from ₹134 crore in the same period of FY25. Operational revenue was ₹1,330 crore, representing a strong YoY increase of 38.8% over ₹958 crore in the previous year.
The business’s operational results were equally outstanding. While EBITDA margin increased significantly to 29.1 percent from 19 percent in the same quarter previous year, EBITDA increased 113.2 percent year over year to ₹388 crore from ₹182 crore.
With GE Vernova T&D India obtaining ₹1,620 crore in new orders during Q1FY26, a 57 percent increase over the ₹1,030 crore recorded in Q1FY25, order inflows continued to impress. Its solid market stance in the power transmission and grid automation sector was strengthened by the orders, which came from both domestic and foreign markets.
Strong Pipeline for Domestic and Export Orders
The business won a number of significant orders during the quarter, including contracts from private TBCB (Tariff-Based Competitive Bidding) developers for the delivery of reactors and 765 kV transformers in Gujarat and Rajasthan. Additionally, it was awarded a contract by Bharat Heavy Electricals Ltd (BHEL) to supply Madhya Pradesh with 420 kV GIS equipment.
Furthermore, the company got many contracts for 765 kV AIS equipment and grid automation solutions from several EPC companies and obtained an order for 420/245 kV GIS from a private EPC player in Maharashtra.
With multiple export orders for AIS and GIS technology from customers in Europe, South-East Asia, the Middle East, and Africa, GE Vernova also made significant inroads into overseas markets, showcasing its expanding worldwide reach.
“We delivered a strong and productive first quarter of FY2025-26, driven by continued momentum as India modernizes its grid to improve reliability, accommodate renewable energy sources, and meet increasing electricity demands from various sectors,” said Sandeep Zanzaria, GE Vernova T&D India’s managing director and CEO.
Performance of Stocks: Multibagger Returns
The share price of GE Vernova T&D India has been rising at an impressive rate. The stock has risen 108 percent since its 52-week low of ₹1,252.85, which was reached in April 2025, thanks to today’s move. The stock has produced multibagger returns of 3,020 percent over the last five years, solidifying its position as one of the leading wealth builders in the power equipment industry.
The stock has increased by more than 57% in only the last year. With a 10 percent gain thus far, its surge continued into July, which was the fifth straight month of gains. June saw a 5.3% increase, May saw a 43% increase, April saw a 0.5% increase, and March saw a 16.5% increase. However, the stock had a poor start to the year, falling 14 percent in January and 25 percent in February.
