GE Vernova T&D India Ltd reported a robust performance for the July–September quarter (Q2 FY26), with net profit surging nearly 107% year-on-year to ₹299.5 crore, compared with ₹144.6 crore in the same quarter last year.

Revenue rose 39% year-on-year to ₹1,538.4 crore, while EBITDA (earnings before interest, tax, depreciation and amortisation) nearly doubled to ₹396.4 crore from ₹204.5 crore.

Operating margins improved sharply to 26%, up from 18.5% a year earlier, supported by strong execution, a better product mix, and cost efficiencies.

In a significant development, the company’s board approved an investment of ₹806 crore to expand its existing manufacturing facilities at Vadodara, Hosur, and Padappai.

The expansion will enhance transformer and reactor capacity by over 50%, and gas-

See Full Page