GE T&D is the listed entity of GE’s Grid Solutions business in India. It has been in the power transmission and distribution business for more than 100 years and provides a versatile range of solutions for connecting and evacuating power from generation sources onto the grid.
Financial Results:
- GE T&D India Ltd reported Revenues for Q1FY24 of ₹718.00 Crores up from ₹593.00 Crore year on year, a rise of 21.08%.
- Total Expenses for Q1FY24 of ₹691.00 Crores up from ₹592.00 Crores year on year, a rise of 16.72%.
- Consolidated Net Profit of ₹28.00 Crores up 366.67% from ₹6.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.10, up 340.00% from ₹0.25 in the same quarter of the previous year.