GE Power records net profit of Rs 373.7 million in July-September 2020 quarter

GE Power India has reported a consolidated net profit of Rs 373.7 million for the September 2020 quarter, mainly on the back of higher revenues, as compare to net loss of Rs 223.2 billion in the corresponding quarter.

Its total income during July-September 2020 rose to Rs 9.17 billion, compared with Rs 5.45 billion in the year-ago period. The consolidated results include the results of GE Power India Limited (GEPIL) and its subsidiary GE Power Boilers Services Limited.