Ge Power India Ltd

GE Power India Ltd share price gained 4.74% to Rs 795.05. The Company's net profit witnessed a sharp fall of 52.54% to Rs 53.73 crore, while revenue from operations softened by 2.44% to Rs 308.69 crore in Q2FY26 over Q1FY26. The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.24 lakh crore, nosediving by 18.34%. It has improved by 2.69% over last one week and moved up slightly by 6.54% in last one month while the market capitalization of GE Power India Ltd has inched up 9.33% and 14.30% in the same period respectively. Profit before tax (PBT) of GE Power India Ltd stood at Rs 56.56 crore in Q2 FY26, rallying 62.90% year-on-year, and tanking 50.97% quarter-on-quarter. EBITDA came in at Rs 13 crore, tumbling by 124.20% YoY and plunging by 85.29% sequentially. Total expenses soared by 25.65% to Rs 267.24 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 187.37 crore, advancing by 10.80% YoY, while employee benefits expense was at Rs 40.61 crore, collapsing by 16.73% YoY. For the TTM ended FY26, revenue from operations jumped by 21.23% to Rs 1269.39 crore, while net profit jumped 31508.82% to Rs 322.41 crore, compared to previous TTM. EBITDA saw a sharp decline of 8412% to Rs 144.88 crore, and PBT witnessed a strong rise of 876.46% to Rs 328.58 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 469.36 crore in FY26, as against Rs 319.65 crore in FY25. GE Power India Ltd surged by 135.22% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.83% during the same period.

GE Power India Limited has received a Notice of Award (NOA) for the Shoaiba Fuel Conversion Project in Saudi Arabia, involving supply and technical field advisory services for boiler modifications, with a cumulative value of approximately Rs 550 Crores. The contract, awarded by Dar Al Balad for Contracting and Operations Company Ltd., has a project duration of roughly 2.5 years and does not constitute a related party transaction.

GE Power India Limited will hold a board meeting on Thursday, August 13, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, and the trading window for dealing in the company's securities has been closed since July 1, 2026, and will remain closed until 48 hours after the results are made public.

The board approved the appointment of Rahul Rojal as CFO and Key Managerial Personnel with effect from 19 June 2026, based on the recommendations of the Audit Committee and Nomination & Remuneration Committee. Rojal, a Chartered Accountant with over 16 years of experience, currently serves as Senior Financial Reporting Manager and Chief Risk Officer at GE Power India. He has extensive expertise in financial reporting, statutory controllership, enterprise risk management, investor relations, SEBI compliance and strategic transactions. Prior to joining GE Power India, he worked with DCM Shriram and PricewaterhouseCoopers. In a separate move, the company appointed Vipul Sharma as Company Secretary and Compliance Officer with effect from June 19, 2026. Sharma has more than 15 years of experience across corporate governance, legal and compliance functions and was previously associated with Aye Finance as Chief Compliance Officer and Company Secretary, where he played a key role in the company's IPO process. The board also approved the appointment of Shrikar Thakur as Additional Director and Whole-time Director for a three-year term beginning July 1, 2026, subject to allotment of a Director Identification Number (DIN) and shareholder approval. Thakur currently serves as India New Build Leader and has over 17 years of experience across the power, infrastructure and EPC sectors, including leadership roles in India, France and the United States. Additionally, the company approved the re-appointment of independent director Shukla Wassan for a second term of five years from November 29, 2026, to November 28, 2031, subject to shareholder approval. Wassan is a fellow member of the Institute of Company Secretaries of India and the Chartered Institute of Arbitrators, UK. She has served on multiple boards across India, Nepal, Bangladesh and Sri Lanka and is currently an independent director at Kwality Wall's India Ltd and India Glycols Ltd. The appointments form part of GE Power India's ongoing leadership succession and governance framework strengthening efforts. GE Power India provides engineering, procurement and servicing solutions for the power generation industry and operates across thermal power equipment and services businesses. The company's consolidated profit after tax stood at Rs 113.21 crore in Q4 FY26, down 31.07% from Rs 164.24 crore in Q4 FY25 but rose 56.54% from Rs 72.32 crore in Q3 FY26. Revenue from operations increased 18.78% YoY to Rs 316.40 crore in Q4 FY26 from Rs 266.38 crore in the corresponding quarter last year. However, revenue declined 17.95% sequentially from Rs 385.62 crore in Q3 FY26. The stock was locked in the 5% upper circuit at Rs 1,055.25 on the BSE on 19 June 2026. Powered by Capital Market - Live

GE Power India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 July 2026.

GE Power India announced that the 34th Annual General Meeting(AGM) of the company will be held on 14 August 2026.

Consolidated profit after tax stood at Rs 113.21 crore in Q4 FY26, down 31.07% from Rs 164.24 crore in Q4 FY25 but rose 56.54% from Rs 72.32 crore in Q3 FY26. Revenue from operations increased 18.78% YoY to Rs 316.40 crore in Q4 FY26 from Rs 266.38 crore in the corresponding quarter last year. However, revenue declined 17.95% sequentially from Rs 385.62 crore in Q3 FY26. Profit before tax stood at Rs 115.36 crore in Q4 FY26, down 41.40% from Rs 196.87 crore in Q4 FY25 but increased 57.06% from Rs 73.45 crore in Q3 FY26. The company made an additional provision of Rs 42.57 crore during FY26 towards the implementation of the four Labour Codes notified by the Government of India. Of this, Rs 15 crore pertained to discontinued operations. The provision was classified as an exceptional item due to its regulatory-driven and non-recurring nature. The company said the final financial impact could change depending on the finalisation of central and state rules. On the cost front, total expenditure declined 22.08% YoY to Rs 223.73 crore. Raw material consumed declined 15.89% YoY to Rs 169.10 crore in Q4 FY26. Employee expenses increased 19.18% YoY to Rs 48.77 crore. Interest cost surged 166.46% YoY to Rs 4.37 crore while depreciation expense declined 13.75% YoY to Rs 3.01 crore. For FY26, revenue from operations increased 21.23% YoY to Rs 1,269.39 crore from Rs 1,047.10 crore in FY25. Profit before tax rose 9.82% to Rs 258.78 crore from Rs 235.63 crore, while profit after tax increased 24.44% to Rs 252.61 crore from Rs 203 crore. Net cash from operating activities increased to Rs 469.36 crore in FY26 from Rs 379.04 crore in FY25. The board recommended a final dividend of Rs 7 per equity share for FY26. The company's order backlog stood at Rs 1,627.8 crore as of 31 March 2026, down 38.86% from Rs 2,662.3 crore a year ago, primarily due to termination of the Jaypee Bina and Nigrie FGD EP contracts amounting to Rs 775 crore. Puneet Bhatla, managing director of GE Power India, said the company continued to strengthen its service-led and execution-driven business model with focus on higher-margin and lower working-capital-intensive opportunities, which supported margin improvement across core services and upgrade businesses. GE Power India provides engineering, procurement and servicing solutions for the power generation industry and operates across thermal power equipment and services businesses. Powered by Capital Market - Live

GE Power India announced that the Board of Directors of the Company at its meeting held on 11 May 2026, inter alia, have recommended the final dividend of Rs 7 per equity Share (i.e. 70%) , subject to the approval of the shareholders.

Net profit of GE Power India declined 31.07% to Rs 113.21 crore in the quarter ended March 2026 as against Rs 164.24 crore during the previous quarter ended March 2025. Sales rose 18.78% to Rs 316.40 crore in the quarter ended March 2026 as against Rs 266.38 crore during the previous quarter ended March 2025. For the full year,net profit rose 24.44% to Rs 252.61 crore in the year ended March 2026 as against Rs 203.00 crore during the previous year ended March 2025. Sales rose 21.23% to Rs 1269.39 crore in the year ended March 2026 as against Rs 1047.10 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales316.40266.38 19 1269.391047.10 21 OPM %33.73-7.79 -20.44-0.98 - PBDT132.43-3.89 LP 368.4347.47 676 PBT129.42-7.38 LP 356.1533.65 958 NP113.21164.24 -31 252.61203.00 24 Powered by Capital Market - Live

GE Power India will hold a meeting of the Board of Directors of the Company on 11 May 2026.