GE Vernova T&D Q4 Results: Profit Nearly Triples
The firm declared a final dividend of Rs 5 per equity share with a face value of Rs 2 each for the financial year ended March 31.
GE Vernova T&D India Ltd.'s consolidated net profit jumped nearly threefold in the quarter ended March, according to an exchange filing on Friday.
The company posted a profit of Rs 186.4 crore in the fourth quarter as compared to Rs 66.2 crore in the year-ago period.
GE Vernova Q4 FY25 Highlights (YoY)
Revenue up 26% at Rs 1,153 crore versus Rs 913.6 crore
Ebitda at Rs 252 crore versus Rs 110.9 crore
Margin at 21.9% versus 12.1%
Net profit at Rs 186.4 crore versus Rs 66.2 crore
Dividend
The firm declared a final dividend of Rs 5 per equity share with a face value of Rs 2 each for the financial year ended March 31. This will be subject to the approval of the shareholders at the ensuing annual general meeting of the company. The dividend will be paid within 30 days from the date of the AGM post approval.
The total amount to be disbursed as dividend to the relevant parties is Rs 128 crore. Retail investors may receive up to Rs 3 crore.
Shares of GE Vernova T&D closed 1.32% higher at Rs 1,884.30 apiece on the BSE, compared to a 0.95% rise in the benchmark index.
