GE Vernova T&D India Ltd has reported new order inflows of Rs.1,137 crore in the first quarter (Q1: April to June) of FY27. These were, however, 30 per cent lower than the comparable Rs.1,620 crore in Q1FY26.
The order backlog, as of June 30, 2026, at around Rs.20,930 crore was marginally lower than Rs.21,460 crore, as of the same date in 2025.
Around 77 per cent of the company’s order backlog as of June 30, 2026 was from private clients. Central utilities and public sector entities accounted for 21 per cent, followed by state utilities with a share of 2 per cent.
According to Sandeep Zanzaria, Managing Director & CEO, GE Vernova T&D India Ltd, “We have had a solid start to the financial year, positioning us well to serve India’s ambitious energy transition goals. As the nation’s power landscape evolves, we remain committed to a disciplined strategy of pursuing margin-accretive growth while maintaining operational excellence. To better serve our customers, we are investing in capex to strengthen our capabilities across HVDC, transformers and reactors, gas-insulated switchgear, circuit breakers, instrument transformers, disconnectors, bushings, and air-core reactors.”
Featured collage shows transmission infrastructure commissioned by GE Vernova T&D India Ltd for various clients during Q1FY27 (Photos: GE Vernova T&D India Ltd)