GE Vernova T&D reports 75% increase in order inflows in FY25

GE Vernova T&D India Ltd has reported a 75 per cent year-on-year increase in order inflows for the first three quarters (9M: April to December) of FY25. The new order inflow during this period reached Rs 77,871 million, up from Rs 44,563 million in FY24.

The strong performance in FY25 was driven by a remarkable Q2 (July to September), which saw Rs 46,824 million worth of orders booked, accounting for 60 per cent of the total order inflows in 9MFY25. However, in Q3 (October to December) of FY25, new order inflows decreased by 12 per cent to Rs 20,758 million, compared to Rs 23,681 million in Q3FY24.

As of December 31, 2024, the company’s outstanding order book stood at Rs 107,809 million, with 68 per cent of the orders from the private sector.

Additionally, REC Power Limited reported a net profit of Rs 40.76 billion for the quarter ending December 2024, a 23.22 per cent increase from Rs 33.08 billion in the same quarter of the previous year. The company’s total income for the quarter rose by 18.35 per cent, reaching Rs 142.87 billion, up from Rs 120.72 billion in the corresponding period of FY24.