GE Vernova T&D India Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	62,063	42,923	31,679	27,732	30,660
Revenue Growth (YoY)	44.59%	35.49%	14.23%	-9.55%	-11.19%
Cost of Revenue	33,969	25,921	20,999	19,924	24,116
Gross Profit	28,094	17,002	10,680	7,808	6,543
Selling, General & Admin	4,473	4,038	3,812	3,636	4,220
Other Operating Expenses	6,786	4,694	3,515	2,616	3,320
Operating Expenses	11,722	9,205	7,829	6,806	8,118
Operating Income	16,372	7,798	2,852	1,002	-1,575
Interest Expense	-147.5	-143.1	-283	-420.1	-386.5
Interest & Investment Income	-	357.6	104.5	3.7	18.9
Currency Exchange Gain (Loss)	-	110.5	-56.5	-226.4	202.5
Other Non Operating Income (Expenses)	908.4	74.4	0.5	22.7	-
EBT Excluding Unusual Items	17,133	8,197	2,617	382.1	-1,740
Merger & Restructuring Charges	-	-	-	-113.8	-
Gain (Loss) on Sale of Assets	-	-1.2	-3.7	-3.1	-3.2
Other Unusual Items	-635.7	0.7	17.2	2.3	1,049
Pretax Income	16,497	8,197	2,631	267.5	-694.8
Income Tax Expense	4,165	2,113	820.2	282.4	-198.6
Net Income	12,333	6,083	1,811	-14.9	-496.2
Net Income to Common	12,333	6,083	1,811	-14.9	-496.2
Net Income Growth	102.73%	236.00%	-	-	-
Shares Outstanding (Basic)	256	256	256	256	256
Shares Outstanding (Diluted)	256	256	256	256	256
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	48.16	23.76	7.07	-0.06	-1.94
EPS (Diluted)	48.16	23.76	7.07	-0.06	-1.94
EPS Growth	102.71%	236.00%	-	-	-
Free Cash Flow	15,215	8,162	4,892	-537.7	-166.5
Free Cash Flow Per Share	59.41	31.88	19.11	-2.10	-0.65
Dividend Per Share	10.000	5.000	2.000	-	-
Dividend Growth	100.00%	150.00%	-	-	-
Gross Margin	45.27%	39.61%	33.71%	28.16%	21.34%
Operating Margin	26.38%	18.17%	9.00%	3.61%	-5.14%
Profit Margin	19.87%	14.17%	5.71%	-0.05%	-1.62%
Free Cash Flow Margin	24.52%	19.02%	15.44%	-1.94%	-0.54%
EBITDA	16,836	8,144	3,225	1,423	-1,164
EBITDA Margin	27.13%	18.97%	10.18%	5.13%	-3.80%
D&A For EBITDA	464.3	345.7	373.3	421.1	410.7
EBIT	16,372	7,798	2,852	1,002	-1,575
EBIT Margin	26.38%	18.17%	9.00%	3.61%	-5.14%
Effective Tax Rate	25.25%	25.78%	31.18%	105.57%	-
Revenue as Reported	62,972	43,549	31,905	28,072	30,917

Source: S&P Global Market Intelligence. Standard template. Financial Sources.