GE Power India

GE Power India delivered a strong Q4 FY26 with revenue of ₹315 croreCurrent reported value: ₹315 crore. No comparable prior figure is available in the source record. (+19Current 19 crore vs previous available quarter 21.8 crore.% YoY) driven by upgrade volumes and core services growth. Full-year revenue rose 21% YoYCurrent reported value: 21% YoY. No comparable prior figure is available in the source record. to ₹1,269 crore, with core services orders up 32% YoYCurrent 32% YoY. Reported change: +32% YoY.. EBITDA margin for Q4 was 37.6%Current reported value: 37.6%. No comparable prior figure is available in the source record., though this includes a one-off ECL reversal of ~₹44 crore from BHL settlement; normalized EBITDA margin for FY26 was 11%. The company continues its pivot to asset-light, high-margin service-led business, with the demerger of Durgapur facility to JSW Energy on track. Order backlog stands at ₹1,628 croreCurrent ₹1,628 crore. Reported change: -39% YoY., with core services backlog up ~40%Current ~40%. Reported change: +40% YoY. YoY. Management guided for sustained profitability and cash generation, but near-term revenue visibility is limited as new build orders decline. Key risk: slower-than-expected ramp-up in core services orders could pressure revenue growth.