GE Power India has reported results for the fourth quarter and year ended March 31, 2020.
The company has reported 44.66% fall in its net profit of Rs 15.08 crore for the quarter under review as compared to Rs 27.25 crore for the same quarter in the previous year. However, total income of the company increased by 93.07% at Rs 773.69 crore for Q4FY20 as compared Rs 400.73 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 44.62% fall in its net profit of Rs 14.87 crore for the quarter under review as against Rs 26.85 crore for the same quarter in the previous year. However, total income of the company increased by 93.02% at Rs 773.65 crore for Q4FY20 as compared Rs 400.81 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the company has reported 11.86% rise in its net profit of Rs 85.07 crore as compared to Rs 76.05 crore for the previous year. Total income of the company increased by 26.32% at Rs 2571.08 crore for year under review as compared to Rs 2035.34 crore for year ended March 31, 2019.
For the year ended March 31, 2020, on the consolidated basis, the company has reported 12.20% rise in its net profit of Rs 84.60 crore as compared to Rs 75.40 crore for the previous year. Total income of the company increased by 26.32% at Rs 2570.79 crore for year under review as compared to Rs 2035.21 crore for year ended March 31, 2019.
