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GE T&D India Q2 net profit at Rs 21 cr

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Press Trust of India New Delhi
GE T&D India today posted standalone net profit of Rs 20.5 crore for the quarter ended September.

However, the company had posted a net loss of Rs 197.4 crore in the same quarter of the previous fiscal, GE T&D India said in a filing to BSE.

Standalone total income from operations declined to Rs 878.7 crore, from Rs 906.4 crore in the year-ago period.

Total expenses dropped to Rs 865.7 crore, from Rs 1,108 crore in the year-ago quarter.

The company is engaged in the business of products, projects and systems for electricity transmission and related activity only.
 

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First Published: Nov 10 2016 | 6:07 PM IST

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