Heavy Electrical Equipment company GE Power India announced Q1FY26 results Total income for the quarter was Rs 3,398.3 million up by 34.4%, compared to Rs 2,528.7 million in Q1FY25. Profit/(Loss) before tax and exceptional items for the quarter at Rs 316.1 million, compared to Rs (-) 250.1 million in Q1FY25. Earnings before interest, taxes, depreciation and amortisation (EBITDA) before exceptional items for Q1FY26 is 12.0%, compared to -4.7% for Q1FY25. The current quarter ended with an Order backlog of Rs 26,353 million, up by 13.1% compared to Rs 23,309 million in Q1FY25. Puneet Bhatla, Managing Director, GE Power India, said: “ We've had a strong start to the year with our orders, sales, profitability, and net cash all exceeding budget. Our focused efforts on operations and project claims have resulted in a robust cash collection performance. This quarter’s performance reinforces the success of our growth strategy and provides a solid foundation for the year ahead.” Result PDF
Conference Call with GE Power India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Heavy Electrical Equipment company GE Power India announced Q3FY25 results Total income for the quarter from continuing operations was Rs 3,442.9 million up by 9.9%, compared to Rs 3,131.4 million in Q3FY24. Profit/(Loss) before exceptional items from continuing operations for the quarter at Rs 78.5 million, compared to Rs 85.0 million in Q3FY24. Earnings before interest, taxes, depreciation and amortisation (EBITDA) for the Quarter from continuing operations Ended (QE) 31 Dec 2024 is 4.5%, compared to 6.8% for the Q3FY24. The current quarter ended with Order backlog of Rs 27,060 million up by 69.0% compared to Rs 16,008 million in quarter ended 31 Dec 2023 of continuing operations. Puneet Bhatla, Managing Director, GE Power India, said: “I am pleased to share that your Company’s current strategy, which focuses on new growth areas, is progressing well, achieving a threefold increase in order bookings as compared to the December 2023 quarter. This quarter saw a significant order win of the Vindhyachal Steam Turbine upgrade from NTPC Limited, valued at 348 crore. I am also proud to report that your Company, for its continuing operations has reported profits for the second consecutive quarter.” Result PDF