Mumbai, Aug. 6 -- While EBITDA improved by 19% YoY to Rs 460 crore, EBITDA margin contracted by 400 basis points YoY to 25.1% in the June'26 quarter.

Profit before tax in Q1 FY27 stood at Rs 487 crore, up 25% from Rs 390 crore in Q1 FY26.

Order bookings for the quarter ended in June 2026 were Rs 1,140 crore, down by 30% YoY.

Sandeep Zanzaria, managing director & CEO, GE Vernova T&D India, said: "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 t...