GE Vernova Powers Up Profits: India Revenue Surges to ₹11.53 Billion!

Image Source: CNBC TV18

GE Vernova India has released excellent March 2025 quarter financial results, showing substantial increases in revenue and net profit. The performance of the company reflects the firm's growing strength in the Indian power and electrification industry with robust order intake and margin improvement.

Financial Performance

GE Vernova India posted revenue from operations at ₹11.53 billion for the March 2025 quarter, highlighting robust top-line growth in a competitive industry.
Net profit during the same period was ₹1.86 billion, reflecting enhanced operating efficiency and cost control.

Growth Drivers

The growth in revenue of the company is due to higher orders, mainly in services and power equipment, reflecting similar trends experienced by GE Vernova in its overall performance.
Margin expansion was fueled by increased volumes of sales, enhanced pricing, and productivity, which countered inflationary forces.

Market and Operational Highlights

GE Vernova India has kept on winning major orders, including latest successes worth ₹500 crore from Power Grid Corporation, further bolstering its order book.
Backlog of the company is healthy, providing visibility to revenue for future quarters.

Global Context

Worldwide, GE Vernova registered first quarter 2025 revenues of $8.0 billion, a growth of 11% year-on-year, and a net income of $0.3 billion, showing similar encouraging trends in its Indian operations.
The company reiterated its 2025 financial guidance in anticipation of sustained growth and resilience amidst macroeconomic difficulties.

Shareholder Value

GE Vernova's resilience in cash flow and profitability has allowed it to return capital to shareholders, with a cash position of $8.1 billion worldwide and $1.3 billion returned during the first quarter of 2025.

Summary

GE Vernova India's March 2025 quarter results show strong financial health as the revenue and net profit saw substantial increases. The company's strategic efforts to build its order book, enhance margins, and continue operational excellence place the company in a favorable position to carry on growing the Indian energy business.

Sources: GE Vernova, Moneycontrol, MarketScreener