GVT&D GE Vernova T&D India (GVT&D) Q1 FY27 results (Apr–Jun 2026) and concall
GE Vernova T&D India Limited reported a strong Q1 FY27 with 38% YoY revenue growth and over 1.25x PBT increase, supported by a robust order backlog providing multi-year visibility. Despite a 30% YoY moderation in order inflow and gross margin compression due to mix and commodity prices, the company maintained its EBITDA margin in line with guidance and a zero-debt position. Delays in key RPT-approved orders remain a watch item.
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What they filed
Q1 FY27: revenue up 38.0%, net profit up 24.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,108 | 1,074 | 1,153 | 1,330 | 1,538 +39% | 1,701 +58% | 1,637 +42% | 1,836 +38% |
| EBITDA | 205 | 180 | 252 | 388 | 396 +93% | 455 +153% | 445 +77% | 461 +19% |
| Net profit | 145 | 143 | 186 | 291 | 299 +106% | 291 +103% | 352 +89% | 363 +25% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





