GE Power India standalone net profit rises 32.04% in the March 2018 quarter

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Sales rise 12.53% to Rs 366.45 crore
Net profit of GE Power India rose 32.04% to Rs 51.55 crore in the quarter ended March 2018 as against Rs 39.04 crore during the previous quarter ended March 2017. Sales rose 12.53% to Rs 366.45 crore in the quarter ended March 2018 as against Rs 325.66 crore during the previous quarter ended March 2017.For the full year,net profit rose 9058.62% to Rs 26.56 crore in the year ended March 2018 as against Rs 0.29 crore during the previous year ended March 2017. Sales declined 32.88% to Rs 1337.97 crore in the year ended March 2018 as against Rs 1993.48 crore during the previous year ended March 2017.
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First Published: May 22 2018 | 3:55 PM IST