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GE T&D India Ltd Q3FY24; 54% rise in Profits

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 Q3FY24 of ₹741.00 Crores up from ₹586.00 Crore year on year, a rise of 26.45%.

Total Expenses for Q3FY24 of ₹456.00 Crores up from ₹415.00 Crores year on year, a rise of 9.88%.

Consolidated Net Profit of ₹230.00 Crores up 54.36% from ₹149.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.51, Sales 53.95% from ₹2.28 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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