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.