GE Power reports consolidated net loss of around Rs 9 crore in Q1

GE Power India Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532309 | NSE: GVPIL

24 Jul 2019 Evaluate

GE Power India has reported results for the quarter ended June 30, 2019.

The company has reported a net loss of Rs 8.69 crore for the quarter under review as against net profit of Rs 2.44 crore for the same quarter in the previous year. Total income of the company decreased by 0.04% at Rs 467.11 crore for Q1FY20 as compared Rs 467.32 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 8.76 crore for the quarter under review as against net profit of Rs 2.37 crore for the same quarter in the previous year. Total income of the company decreased by 0.04% at Rs 467.04 crore for Q1FY20 as compared Rs 467.25 crore for the corresponding quarter previous year.

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