GE Vernova shares fall 2.44%; stock among top losers on Nifty Midcap 150

Shares of GE Vernova TD are trading lower in Monday's session. The stock is among the top losers on the Nifty Midcap 150. The stock declined by 2.44% to Rs 2,276.00.

Among corporate announcements, Grid Equipments Private Limited submitted to the exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Also, GE Vernova T&D India Limited informed the Exchange about general updates.

The annual sales for March 2025 stood at Rs 4,292 Crore, compared to Rs 3,167 Crore in March 2024. The other income for March 2025 was Rs 62 Crore, while in March 2024, it was Rs 22 Crore. The total income for March 2025 was Rs 4,354 Crore, up from Rs 3,190 Crore in March 2024. The company's total expenditure for March 2025 was Rs 3,520 Crore, down from Rs 2,899 Crore in March 2024. The earnings before interest and taxes (EBIT) for March 2025 was Rs 833 Crore, while in March 2024, it was Rs 291 Crore. The interest paid for March 2025 was Rs 14 Crore, compared to Rs 28 Crore in March 2024. The tax expenses for March 2025 amounted to Rs 211 Crore, compared to Rs 82 Crore in March 2024. The net profit for March 2025 was Rs 608 Crore, up from Rs 181 Crore in March 2024.

Key financial ratios for GE Vernova show a P/E ratio of 65.60 and a P/B ratio of 22.42. The company reported a debt-to-equity ratio of 0.89 as of the year-ending 2010.

The company announced a final dividend of Rs 2.00 per share (100%) on May 21, 2024, with an effective date of August 28, 2024.

GE Vernova had a stock split on October 22, 2008, where the face value changed from Rs 10 to Rs 2.

With the stock trading lower in Monday's session, it is currently among the top losers on the Nifty Midcap 150.