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26-Jul2017

GE T&D India turns black in Q1

GE T&D India has reported results for first quarter ended June 30, 2017.

The company has reported a net profit of Rs 61.67 crore for the quarter under review as compared to a net loss of Rs 197.41 crore for the same quarter in the previous year. Total income of the company increased by 39.23% at Rs 1305.57 crore for Q1FY18 as compared Rs 937.71 crore for the corresponding quarter previous year.

GE T&D India is engaged in power transmission and distribution. Its products and systems serve to transmit and distribute electricity, ensure the reliability, quality and safety of energy flows, as well as operate efficient networks through information management.


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