GE Vernova T&D dividend: ₹10 final payout for FY26
GE Vernova T&D India Ltd
GVT&D
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Stock jumps as dividend plan draws attention
GE Vernova T&D India Ltd stayed in focus after its share price jumped over 9% in Wednesday’s trade, touching an intraday high of ₹4,800 on the BSE. The stock was also cited at a current market price of ₹4,707.50 in the provided data. Over the past one year, the shares have gained more than 160%, as per the same snapshot. The move came alongside investor attention on the company’s latest results and a shareholder payout announcement.
What the company announced after market hours
Following the close of market hours on May 18, the power transmission company released its financial results for the quarter and year ended March 31, 2026. Alongside the results, the board flagged a reward for shareholders through a final dividend recommendation. The disclosures were made through a stock exchange filing referenced in the provided material. The dividend proposal is subject to shareholder approval at the upcoming annual general meeting (AGM).
Final dividend recommendation: ₹10 per share (500%)
The board recommended a final dividend of 500% or ₹10 per equity share on a face value of ₹2 per share for the financial year ended March 31, 2026. The filing describes the ₹10 payout as 500% of the face value. This is a recommendation rather than a declared payout until shareholders approve it at the AGM. The company also stated that, if approved, the dividend will be paid or dispatched within 30 days from the date of the AGM.
Record date fixed: 21 August 2026
GE Vernova T&D India fixed August 21, 2026 (Friday) as the record date to determine eligible shareholders for the FY26 final dividend, as per the filing details. This date matters because the shareholder list as of the record date is used to identify who receives the payout. The provided information repeats the same record date across sections describing the dividend recommendation.
How this compares with the last few years
The same material includes dividend history points for earlier years, which provide context on how the payout has changed over time. The company paid a final dividend of ₹5 per share on August 22, 2025, and ₹2 per share on August 28, 2024. Going further back, investors received ₹1.80 per share in July 2019 and July 2018. Separately, the dividend data table in the provided text also lists multiple years where ₹1.80 per share was paid, and it mentions a stock split (ratio 1:5) with a record date of October 31, 2008.
Financial snapshot cited: Q3 FY25-26 numbers
A quarterly snapshot included in the material (dated 28 January 2026) reported revenue of ₹1,700 crore and net profit of ₹290 crore for Q3 FY25-26. It also listed gross profit of ₹443 crore. The same snapshot provided growth rates: revenue QoQ +10.54% and YoY +58.40%, gross profit QoQ +15.13% and YoY +163.78%, and net profit QoQ -2.90% and YoY +103.81%. These figures were presented as a reference point alongside the dividend discussion.
Earlier profit comparison: March 2025 quarter
The material also cites an earlier performance reference for the March 2025 quarter. It states GE Vernova T&D India reported a nearly three-fold rise in net profit to ₹186.49 crore, compared with ₹66.29 crore in the year-ago quarter. This historical comparison was included to underline how earnings momentum had supported investor interest around the stock.
Stock reaction points mentioned across the dataset
Multiple price-action references appear in the provided text from different time snapshots. One section states the shares surged 10% on 26 May 2025, hitting the upper circuit, and another notes a rise of 8.75% to ₹2,050 in early trade, with a separate mention of a 10% upper circuit band of ₹2,072.70 on the BSE. A performance table in the material lists additional returns such as 1 month +17.57%, 3 months +37.69%, 1 year +185.18%, 3 years +2434.73%, and 5 years +3785.34%. Since these data points come from different timestamps in the provided content, they should be read as separate snapshots rather than a single continuous tape.
Key dates and figures at a glance
What investors typically track next
Based on the provided disclosures, the next procedural step for the FY26 dividend is shareholder approval at the ensuing AGM, followed by payment or dispatch within 30 days if approved. The material also mentions an “upcoming earnings date” listed as 18 May 2026 in the provided data. With the stock already showing sharp moves across multiple periods in the dataset, the combination of earnings updates and payout decisions remains a key watch item.
Conclusion
GE Vernova T&D India’s latest filing combines FY26 results disclosure with a recommended final dividend of ₹10 per share and a record date of 21 August 2026. The dividend remains subject to shareholder approval at the AGM, with payment timelines linked to that approval. Dividend history points in the same dataset show payouts of ₹5 in 2025 and ₹2 in 2024, offering context for the proposed FY26 distribution. The next confirmed milestones in the provided information are the AGM approval process for the dividend and the earnings date listed as 18 May 2026.
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