GE Verova T&D and JSW Energy report profit growth in Q1 FY26

GE Verova T&D India Limited and JSW Energy posted significant year-on-year gains in their financial results for the first quarter of 2025–26.

GE Verova T&D reported a net profit of Rs 2.91 billion, up 117.16 per cent from Rs 1.34 billion in the same period last year. The company’s total income rose to Rs 13.46 billion, a 38.76 per cent increase from Rs 9.7 billion reported in Q1 of the previous financial year.

JSW Energy also saw sharp growth. Its net profit rose 42.4 per cent to Rs 743 crore from Rs 521.7 crore a year earlier. Revenue climbed to Rs 5,143 crore, reflecting a 78.6 per cent year-on-year rise. EBITDA more than doubled to Rs 2,789 crore from Rs 1,417 crore. The EBITDA margin improved to 54.2 per cent compared to 49.2 per cent last year.