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GE T&D India profit jumps multi-fold to Rs 37.12 cr in Q2

November 8, 2023
in Business
Reading Time: 2 mins read
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GE T&D India profit jumps multi-fold to Rs 37.12 cr in Q2

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company results, Q2, second quarter

Illustration by Ajay Mohanty


GE T&D India on Wednesday posted a multi-fold rise in its internet revenue to Rs 37.17 crore within the July-September quarter in comparison with the year-ago interval.


Its internet revenue stood at Rs 2.76 crore within the quarter ended on September 30, 2022, a BSE submitting confirmed.


Complete earnings of the corporate declined to Rs 706.90 crore within the quarter from Rs 728.84 crore in the identical interval a yr in the past.


Sandeep Zanzaria, Managing Director & CEO of GE T&D India mentioned in a press release, “We witnessed a continued surge within the order e-book in Q2, pushed by India’s power transition wants and authorities’s give attention to renewable power schemes.

“We’re additionally happy to report a notable enchancment in revenue within the second quarter together with a big discount in internet debt.”

The order bookings had been Rs 1,080 crore, up 123 per cent in comparison with Rs 490 crore within the July-September quarter of 2022.


With over 100 years of presence in India, GE T&D India is a number one participant within the Energy Transmission & Distribution enterprise – A product portfolio starting from Medium Voltage to Extremely Excessive Voltage (1200 kV) for Energy Era, Transmission and Distribution, Business and Infrastructure markets.

(Solely the headline and movie of this report could have been reworked by the Enterprise Commonplace workers; the remainder of the content material is auto-generated from a syndicated feed.)

First Printed: Nov 08 2023 | 7:13 PM IST

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