GE Vernova T&D Q4 Profit Nearly Doubles, Margins Expand

📰 Key Highlights Net Profit: ₹3.5B vs ₹1.86B YoY → +88% growth Revenue: ₹16.37B vs ₹11.5B YoY → +42% growth EBITDA: ₹4.45B vs ₹2.5B YoY → +78% growth EBITDA Margin: 27.18% vs 21.88% YoY → margin expansion of ~530 bps 🔎 Fundamentals Profit surge driven by strong demand in transmission & distribution projects. Revenue growth reflects higher order execution and global energy transition investments. Margin expansion highlights operational efficiency and favorable project mix. ⚡ Business Focus Expanding footprint in power transmission and grid modernization. Leveraging opportunities in renewable integration and smart grids. Strengthening presence in India and global energy infrastructure markets. ⚠️ Risks Commodity price volatility impacting project costs. Execution delays in large-scale infrastructure projects. Dependence on government and utility spending cycles. 📈 Outlook Strong order book supported by global push for clean energy and grid modernization. Margin expansion trend encouraging for sustained profitability. GE Vernova T&D positioning itself as a key player in India’s power transmission sector with global relevance.