GE Power India Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
GE Power India management presented the company's financial turnaround since 2024 and outlined the strategic rationale for the proposed demerger of the Durgapur manufacturing business to JSW Energy Limited. Management detailed improvements in net worth, liquidity, bank guarantee exposure, and EBITDA over the past two years, along with growth in core services and OEM order bookings. The call also explained the mechanics of the proposed scheme, including the share entitlement ratio and a five-year manufacturing services agreement to support continuity post-demerger.
GE Power India reported Q4 FY26 revenue of Rs 316 crore, up from Rs 266 crore a year earlier, and full-year revenue of Rs 1,269 crore, up 21% from Rs 1,047 crore, driven by growth in Core Services and Upgrades. Profit before tax and exceptional items rose sharply for the quarter and year, aided by one-off items including a BHEL ECL provision reversal, and the company recommended a dividend of Rs 7 per share. Management also discussed the progress of the Durgapur manufacturing facility demerger to JSW Energy, the decline in overall order backlog to Rs 1,628 crore due to termination of FGD-EP contracts, and a 32% year-on-year rise in core services order intake.