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29/07/2025 17:01

GE Vernova T&D India Q1 net profit zooms 116.44% at Rs 291.20 cr

The company reported standalone net profit of Rs 291.20 crore for the quarter ended June 30, 2025 as compared to Rs 134.54 crore in the same period last year, registering a year-on-year growth of 116.44 per cent.

Net revenue of the company rose substantially by 38.80 per cent at Rs 1,330.13 crore in April-June quarter of this fiscal as against Rs 958.34 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 21.44 per cent to Rs 942.53 crore from Rs 776.13 crore in year ago period.

Other Income grew by 38.14 per cent at Rs 16.30 crore versus (Jun'24 Rs 11.80 crore).

Operating Profit surged by 112.72 per cent to Rs 387.60 crore as against Rs 182.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 53.29 per cent in June quarter.

Interest grew by 35.47 per cent y-o-y to Rs 2.75 crore, while Taxation increased by 117.79 per cent at Rs 98.81 crore (Jun'24 Rs 45.37 crore).