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GE Vernova T&D India: New order inflow up 52 per cent in Q2FY27

GE Vernova T&D India Ltd has reported a 52 per cent year-on-year jump in new order inflows during the second quarter (Q2: July to September) of FY27.

In a release, GE Vernova T&D India said that new order inflows in Q2FY27, at Rs.24.4 billion, were 52 per cent higher than the comparable Rs.16.1 billion in Q2FY26. Domestic orders accounted for 79 per cent of the Q2FY27 order inflow.

 

Key order wins in Q2FY27

 

Successful commissioning in Q2FY27

 

Strong momentum

Sandeep Zanzaria, Managing Director & CEO, GE Vernova T&D India Limited, said, “We had another quarter of significant orders and revenue growth as well as EBITDA margin expansion. We’re seeing strong momentum backed by solid execution across our project portfolio. As India pushes forward on its renewable energy goals, we’re well-positioned to grow alongside that demand and we’re excited about what’s ahead.”

 

Order backlog

As of September 30, 2026, the company’s order backlog was Rs.214,432 million with private utilities wielding a dominant 78 per cent, followed by Central utilities with 20 per cent. The remaining 2 per cent came from state government entities.

 

Featured collage relates to key projects commissioned by GE Vernova T&D India Ltd in Q2FY27 (Photo source: GE Vernova T&D India Ltd

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