)
Visual
test
GE Vernova T&D India
GE Vernova T&D India (522275) investor relations material
GE Vernova T&D India Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary28 Jan, 2026
Executive summary
Achieved record renewable energy additions in India, with 38 GW solar and 6.3 GW wind in 2025, driving robust T&D demand.
Q3 FY 25-26 revenue grew 58% year-over-year to INR 17 billion, with strong margin expansion and a healthy order book from both domestic and export markets.
Board recommended appointment of Ms. Rashmi Joshi as Independent Director for five years and re-appointment of Mr. Sandeep Zanzaria as Managing Director and CEO for three years, subject to shareholder approval.
Unaudited standalone financial results for the quarter and nine months ended December 31, 2025, were approved by the Board on January 28, 2026.
Financial highlights
Q3 revenue reached INR 17 billion, up 58% year-over-year from INR 10.7 billion; 9M revenue rose 46% to INR 45.7 billion.
Profit before tax and exceptional items for Q3 was INR 4.6 billion, more than 2.4x higher than the previous year; 9M profit before tax up 2.2x to INR 17.9 billion.
Net profit for the quarter was INR 2.91 billion, compared to INR 1.43 billion last year.
Order bookings in Q3 were INR 29.4 billion, up 41% year-over-year; order backlog at INR 143.8 billion as of December 2025.
Cash and cash equivalents stood at INR 15.9 billion at quarter-end, with no debt.
EBITDA margin for Q3 was 26.7%; nine-month EBITDA margin was 27.1%, up 80 bps year-over-year.
Exceptional item: INR 693 million provision for retirement benefits due to new wage codes.
Outlook and guidance
Management expects to deliver EBITDA at the higher end of the mid-20s range for the full year.
Strong order pipeline and no major slowdown anticipated in domestic or export markets.
Large export order in the pipeline expected to be booked in the second half of the next financial year.
The company continues to monitor regulatory developments regarding new labour codes and will adjust accounting as needed.
Future impact of labor code finalization
Derivative OCI loss reclassification timeline
Ms. Joshi's expertise for board strategy
Adani HVDC project: What are booking milestones?
What drives 27% EBITDA margin sustainability?
Domestic T&D pipeline and China competition impact
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 5 FebLSAK
Net revenue up 16%, adjusted EBITDA up 47%, and first positive net income since 2022. - 5 FebSIRI
2025 beat guidance with strong cash flow and podcast growth; 2026 outlook stable and disciplined. - 5 FebMETSB
2025 saw sharp losses but strong cash flow and transformation actions set up for recovery. - 5 FebRSI
Q1 2026 saw 18% EBITDA growth, strong margins, and LEAP project progress despite lower revenues. - 5 FebGEG
Net loss of $16.5M on $3M revenue, with 4% AUM growth and $51.2M in cash. - 5 FebFOI-B
2025 profit fell despite higher sales, with margin pressure and one-time costs impacting results. - 5 FebSLQT
12% revenue growth, $69.3M net income, and new $415M credit facility amid revised guidance. - 5 FebALCO
Land sales and leasing drove improved profitability and strong cash flow amid the citrus exit. - 5 FebPSSA3
Net income up 28% and revenue up 12% in 2025, with robust growth across all business lines. - 5 FebPSMT
All proposals passed with strong support; no shareholder questions were received.
Next GE Vernova T&D India earnings date
Q4 25/2621 May, 2026
GE Vernova T&D India
Next GE Vernova T&D India earnings date
Q4 25/2621 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage