GE Power India reports consolidated net loss of Rs 34 crore in Q3

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

10 Feb 2022 Evaluate

GE Power India has reported results for third quarter ended December 31, 2021

The company has reported net loss at Rs 34.57 crore for the quarter under review against net profit of Rs 31.74 crore for the same quarter in the previous year. Total income of the company decreased by 29.93% at Rs 798.30 crore for Q3FY22 as compared Rs 1139.21 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 34.12 crore for the quarter under review against net profit of Rs 39.09 crore for the same quarter in the previous year. Total income of the company decreased by 30.17% at Rs 798.29 crore for Q3FY22 as compared Rs 1143.13 crore for the corresponding quarter previous year.

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