GE Vernova T&D India Q3 Profit Soars 100% to ₹291 Crore on Strong Revenue, Orders

• GE Vernova T&D India reported a net profit of ₹290.8 crore in Q3 FY25, more than double the ₹142.7 crore from the previous year.
• Revenue for the quarter surged 58.4% year-on-year to ₹1,700 crore, driven by healthy project execution.
• EBITDA more than doubled, and the operating margin expanded significantly to 26.7% from 16.7% year-on-year.
• Order bookings increased by 41% to ₹294 crore, reflecting robust demand in the transmission and distribution segment.
• The company made provisions for the estimated financial impact of new labour codes and adopted hedge accounting for certain transactions.

Why It Matters: GE Vernova T&D India achieved over 100% profit growth in Q3 FY25 due to strong revenue, margins, and robust orders.