GE Vernova T&D India Ltd (GVT&D) Q4FY26 Management Mirror - Mar-2026 Qtr
Financial & Margin Outlook
Management continues to target mid-20s operating margins going forward, driven by productivity and cost control, maintaining the upgraded margin expectation established in the Dec'25 Qtr (raised to the higher end of the mid-20s range). Top-line growth visibility remains strong due to the order backlog, with significant revenue conversion from long-cycle HVDC contracts expected to begin from Mar'29 onwards. [Status: Reaffirmed]
3 more themes on the ELITE plan.