GE T&D India Profit Soars to Rs 134.5 cr in June Quarter
Jul 31, 2024 16:45
GE T&D India's net profit surged to Rs 134.5 crore in the June 2024 quarter, driven by increased income. Read more about the company's financial performance.
Photograph: Courtesy Power Grid Corporation
New Delhi, Jul 31 (PTI) GE T&D India on Wednesday reported a multi-fold rise in its net profit to Rs 134.5 crore during the June 2024 quarter, mainly on account of higher income.
It had posted a net profit of Rs 28.2 crore in the April-June quarter of the preceding 2023-24 fiscal, the company said in a regulatory filing.
The company's total income rose to Rs 970.1 crore from Rs 729.5 crore a year ago.
During the period under review, expenses stood at Rs 790.2 crore against Rs 690.9 crore in FY24.
GE T&D India is a leading player in the power transmission and distribution business.
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