GE Vernova T&D shares surged over 5% in early morning trade after the company reported strong Q3 FY26 results, reflecting sharp year-on-year growth across revenue, profitability, and margins.
GE Vernova T&D posted a 58.4% year-on-year jump in revenue for Q3 FY26, with topline rising to ₹1,701 crore compared with ₹1,074 crore in the corresponding quarter last year. The strong revenue growth was supported by healthy execution and improved demand conditions.
EBITDA saw a significant expansion, climbing to ₹454.6 crore from ₹179.6 crore on a year-on-year basis. Operating margin improved sharply to 26.7% from 16.7%, indicating better cost control and operating leverage. Net profit also recorded robust growth, rising to ₹291 crore compared with ₹143 crore in Q3 FY25.
Following the results, the stock witnessed a strong opening and remained firm in early trade. GE Vernova T&D shares opened at ₹3,056.00 against the previous close of ₹2,905.00. During the session, the stock touched an intraday low of ₹3,049.90 and a high of ₹3,162.00.
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