7/107 sources · 5 publishersUpdated Nov 2, 11:40 UTC
GE Vernova T&D India posts strong Q2 FY27 earnings and reaffirms mid‑20s EBITDA margin guidance
GE Vernova T&D India reported a 44% year‑on‑year rise in net profit to ₹431 crore and a 31.75% revenue increase to ₹2,027 crore for the July‑September quarter. Order inflows jumped 52% YoY to ₹2,440 crore, with export orders representing 21% of total bookings. Management reaffirmed its full‑year FY27 EBITDA margin guidance at the mid‑20s level.
Why it matters
Motilal Oswal maintained a buy rating and raised its target price to ₹5,100, citing the strong execution and order inflow. Nomura upgraded its target price to ₹6,090 after the earnings beat, noting the robust margin expansion.
Key facts
- 1Q2 net profit after tax rose 44% YoY to ₹431 crore, up from ₹299 crore in the same quarter a year earlier. upstox.com
- 2Revenue from core operations grew 31.75% YoY to ₹2,027 crore, versus ₹1,538 crore a year earlier. upstox.com
- 3EBITDA increased 38.6% YoY to ₹550 crore, up from ₹396 crore in Q2 FY26. upstox.com
- 4EBITDA margin improved to 27.12% in Q2 FY27, up 136 basis points from 25.76% in Q2 FY26. upstox.com
- 5Order bookings were ₹2,440 crore, a 52% YoY increase over ₹1,610 crore in Q2 FY26. upstox.com
- 6Export orders accounted for 21% of total bookings and 32% of export revenues in the quarter. upstox.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.