GE Power India Limited Q2 Results Due After 54.8% Profit Rise

GE Power India Limited will consider its Q2 FY27 financial results on November 13, 2026, following Q1 consolidated net profit growth of 54.8% year-on-year to ₹53.7 crore and revenue growth of 7.6% to ₹309 crore. The announcement is important because it will be the first quarterly update after the company’s demerger process was completed on October 1.

When will GE Power India announce Q2 FY27 results?

GE Power India will announce unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026, at its board meeting on Friday, November 13. The company had informed the National Stock Exchange about the board meeting in a filing dated November 4, 2026.

The July-September quarter is Q2 FY27 for the company. The results are due 44 days after the end of the quarter, according to the reported results calendar. At the time of the notice, the financial results had not yet been filed with the exchange.

GE Power India has also scheduled an earnings conference call for November 16, 2026, at 3:30 PM IST. Management is expected to discuss the unaudited Q2 and first-half results and provide its view on operating performance and outlook. Investors and analysts have been given dial-in and virtual participation options.

How did GE Power India perform in Q1 FY27?

GE Power India reported consolidated revenue from operations of ₹309 crore in Q1 FY27, up 7.6% from ₹287 crore in Q1 FY26 but down 2.4% from ₹316 crore in Q4 FY26. Consolidated net profit rose 54.8% year-on-year to ₹53.7 crore, compared with ₹34.7 crore a year earlier.

The sequential comparison was weaker because Q4 FY26 net profit was ₹113 crore. Net profit in Q1 FY27 was therefore down 52.5% quarter-on-quarter. Profit before tax increased 117.0% year-on-year to ₹68.8 crore from ₹31.7 crore in Q1 FY26.

EBITDA was ₹44.7 crore in Q1 FY27, against an EBITDA loss of ₹12.2 crore in the corresponding prior-year quarter. In the results data reported separately, EBITDA was shown at about ₹45 crore, while earnings per share rose to ₹7.99 from ₹5.16 in Q1 FY26. The company’s consolidated results include GE Power India and its subsidiary, GE Power Boilers Services Limited.

What has changed after the demerger?

GE Power India’s Q2 FY27 update follows the completion of an NCLT-approved demerger on October 1, 2026. The reported transaction involved the transfer of the Durgapur facility’s thermal business to JSW Energy. As a result, the September-quarter report is being viewed as the first quarterly close following the completed structural change.

The source material states that the demerger removed a loss-making business from the company’s structure. The Q2 financial statements and management commentary will provide the reported evidence on the immediate effect on costs, profitability and the remaining operations. No Q2 margin or profit figures were available before the board meeting.

The company has guided for execution of 85% to 90% of its March 2026 backlog during FY27. This makes the pace of project execution a material item for investors assessing the company’s revenue progression through the year.

Which operating indicators will investors watch in Q2 FY27?

Investors will watch revenue execution, EBITDA, profit conversion and the contribution from services when GE Power India releases its Q2 FY27 numbers. The company’s reported Q1 revenue of ₹309 crore sets the most recent base, while the March-quarter revenue was ₹316 crore.

Order visibility is another focus area. The company has a reported Saudi order worth ₹550 crore, which provides visibility for the second half of FY27. Services order intake was reported to have increased 32% year-on-year in Q1, making subsequent updates on service activity relevant to the operating mix.

The source material also cites annual growth guidance of 5% to 8%. That guidance is linked to order execution and services growth, rather than a confirmed Q2 outcome. The November 13 filing and the November 16 conference call will clarify whether management maintains, revises or adds context to this guidance.

Why do the results matter for shareholders?

The results matter because GE Power India has shown a return to year-on-year profitability growth while its quarterly profit has varied sharply. Q1 FY27 net profit of ₹53.7 crore was materially above the prior-year quarter but below Q4 FY26’s ₹113 crore. Investors will therefore be able to compare the September quarter with both a weaker year-ago operating base and a stronger preceding quarter.

For the year ended March 31, 2026, GE Power India delivered return on equity of 43.36%, compared with its five-year average of negative 23.72%. For the trailing period reported for FY26, revenue from operations was ₹1,269.39 crore and net profit was ₹322.41 crore. Operating cash flow was ₹469.36 crore in FY26, against ₹319.65 crore in FY25.

The company’s share price was quoted at ₹634.45, up 4.7%, in the supplied market data. A separate data point showed a BSE close of ₹566.85 on October 30, 2026. These figures relate to different dates and should not be treated as a same-day comparison.

Conclusion

GE Power India enters its Q2 FY27 announcement after reporting 7.6% year-on-year revenue growth and 54.8% net profit growth in Q1. The September-quarter filing will be significant because it follows the October 1 completion of the demerger and will show the company’s reported operating position after that change.

Investors should watch the November 13 results for revenue, EBITDA, net profit, backlog execution and services activity. The management conference call on November 16 is the next scheduled opportunity for clarification on FY27 growth guidance, the ₹550 crore Saudi order and the company’s post-demerger operating outlook.