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GE Power India Ltd Q1FY24; 14% fall in Revenue

GE Power India Ltd is engaged in business of engineering, procurement & construction (EPC) of key equipment for thermal and hydro power plants. It is one of the leading players in the Indian power generation equipment market.


Financial Results:

  • GE Power India Ltd reported Revenues for Q1FY24 of ₹424.00 Crores down from ₹491.00 Crore year on year, a fall of 13.65%.
  • Total Expenses for Q1FY24 of ₹577.00 Crores down from ₹584.00 Crores year on year, a fall of 1.2%.
  • Consolidated Net Profit of -₹136.00 Crores from -₹59.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹20.20, from -₹8.78 in the same quarter of the previous year.
Tags: Power
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