| Scrip Code | 522275 |
|---|---|
| NSE Symbol | GVT&D |
| MSEI Symbol | NOTLISTED |
| ISIN | INE200A01026 |
| Name of company | GE Vernova T&D India Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 05-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 24-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | The Company is engaged in the business relating to products, projects and systems for electricity transmission and related activities only. Accordingly, the Company has only one operating segment. |
| Start date and time of board meeting | 05-08-2026 21:17:00 |
| End date and time of board meeting | 05-08-2026 21:48:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not Applicable | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 1,83,614.00 | 1,83,614.00 | |
| Other income | 4,184.00 | 4,184.00 | |
| Total income | 1,87,798.00 | 1,87,798.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,08,977.00 | 1,08,977.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (1,273.00) | (1,273.00) |
| (d) | Employee benefit expense | 11,234.00 | 11,234.00 |
| (e) | Finance costs | 342.00 | 342.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,208.00 | 1,208.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 18,597.00 | 18,597.00 |
| Total other expenses | 18,597.00 | 18,597.00 | |
| Total expenses | 1,39,085.00 | 1,39,085.00 | |
| 3 | Total profit before exceptional items and tax | 48,713.00 | 48,713.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 48,713.00 | 48,713.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 13,106.00 | 13,106.00 |
| 8 | Deferred tax | (692.00) | (692.00) |
| 9 | Total tax expenses | 12,414.00 | 12,414.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 36,299.00 | 36,299.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 36,299.00 | 36,299.00 |
| 17 | Other comprehensive income net of taxes | 5,134.00 | 5,134.00 |
| 18 | Total Comprehensive Income for the period | 41,433.00 | 41,433.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 5,121.00 | 5,121.00 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 14.18 | 14.18 | |
| Diluted earnings (loss) per share from continuing operations | 14.18 | 14.18 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 14.18 | 14.18 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 14.18 | 14.18 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes: 1. Based on the guiding principals given in Ind AS-108 on operating Segments, the Company's business activity fall within a single operating segment relating to products, projects and systems for electricity transmission and related activities. 2. The above financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment thereafter. 3. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 5 August 2026. 4. On November 21, 2025, the Government of India notified the four Labour codes - The code on Wages, 2019, The Industrial Relations code, The code on Social Security, 2020, and The Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing Labour Laws. Based on the draft rules and FAQs issued by the ministry of labour and employment and best available information/interpretation, the Company estimated the financial implications thereof and made an additional provision of Rs. 693.0 million during the quarter and nine months ended December 31, 2025. Based on the reassessment/actuarial valuations performed during the march quarter, the impact got reduced by Rs. 57.3 million and the same had been reversed in quarter ended March 31, 2026 and consequently the full year impact for the financial year 2025-26 was Rs. 635.7 million. The Company has been continuously monitoring the developments around new labour codes and shall assess the impact (if any). Considering the materiality, regulatory driven and non - recurring nature of the impact, the company has presented such impact under Exceptional item. 5. Effective from 1 April 2023, the Company has adopted hedge accounting as per Ind AS 109 – Financial Instruments, in respect of specified highly probable forecast transactions. Consequently, the Company has recognized gain of Rs. 686.1 million for the current quarter, loss of Rs. (355.9) million for the quarter ended 31 March 2026 and a loss of Rs (2,453.3) million for the financial year ended 31 March 2026 on account of change in the fair value of derivatives (i.e. forward contracts) in other comprehensive income. When highly probable transactions become underlying transactions for the financial statements, the amount recognised in other comprehensive income will be reclassed to the profit and loss account with corresponding impact in respective underlying account balances. 6. The Company has no subsidiary/associate/joint venture company(ies), as on 30 June 2026. 7. Previous period/year figures have been re-grouped or reclassified to conform to such current period/year classification. 8. Figures for the quarter ended 31 March 2026 are the balancing figures between audited figures in respect of full financial year and the published year to date figures upto the third quarter of the financial year. Also, the figures upto the end of the third quarter were only reviewed and not subjected to audit. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Fair value changes on derivatives designated as cash flow hedges, net | 6,861.00 | 6,861.00 |
| Total Amount of items that will be reclassified to profit and loss | 6,861.00 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 1,727.00 | 1,727.00 |
| 5 | Total Other comprehensive income | 5,134.00 | 5,134.00 |