GE Power India Q2 Profit: Rs 67 Cr | Lower Expenses Boost

By By Rediff Money Desk, New Delhi
Nov 06, 2024 16:50
GE Power India reported a net profit of Rs 66.8 crore in the September 2024 quarter, aided by lower expenses. The company's total income slipped to Rs 244.4 crore.
New Delhi, Nov 6 (PTI) GE Power India on Wednesday reported a net profit of Rs 66.8 crore in the September 2024 quarter, aided by lower expenses.

It had posted a Rs 61.8 crore loss in the year-ago period, the company said in a regulatory filing.

Its total income slipped to Rs 244.4 crore compared to Rs 250.8 crore in the July-September period of the preceding 2023-24 fiscal.

During the reported period, the company reduced expenses to Rs 235.3 crore against Rs 286.7 crore a year ago.
Source: PTI
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