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GE T&D India Q1 results: Net profit grows to Rs 134.5 cr on higher income

The company's total income rose to Rs 970.1 crore from Rs 729.5 crore a year ago

Power grid

GE T&D India is a leading player in the power transmission and distribution business | Photo: Shutterstock

Press Trust of India New Delhi

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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.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 31 2024 | 5:33 PM IST

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