5222752026-04-012026-06-305222752026-04-012026-06-30in-capmkt:OtherExpenses1Member5222752026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares522275GVT&DNOTLISTEDINE200A01026GE Vernova T&D India LimitedMain BoardEquity2026-04-012027-03-312026-08-052026-07-24INRMillionsQuarterlyFirst quarterSingle segmentThe 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.2026-08-0521:17:002026-08-0521:48:00Not applicablefalsefalseNot Applicable2026-04-012026-06-30UnauditedStandalone1836140000041840000018779800000108977000000-1273000001123400000342000001208000001859700000139085000004871300000048713000001310600000-69200000124140000003629900000000036299000005134000004143300000512100000214.1814.180014.1814.18000Notes: <br /> 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. <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 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". <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 6. The Company has no subsidiary/associate/joint venture company(ies), as on 30 June 2026. <br /> <br /> 7. Previous period/year figures have been re-grouped or reclassified to conform to such current period/year classification. <br /> <br /> 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. <br /> <br /> <br /> Other Expenses18597000000Fair value changes on derivatives designated as cash flow hedges, net686100000686100000172700000513400000