GE T&D India reports standalone net loss of Rs 22.53 crore in the March 2022 quarter

Sales decline 26.80% to Rs 662.06 crore

Net loss of GE T&D India reported to Rs 22.53 crore in the quarter ended March 2022 as against net profit of Rs 16.11 crore during the previous quarter ended March 2021. Sales declined 26.80% to Rs 662.06 crore in the quarter ended March 2022 as against Rs 904.47 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 49.62 crore in the year ended March 2022 as against net profit of Rs 60.32 crore during the previous year ended March 2021. Sales declined 11.19% to Rs 3065.95 crore in the year ended March 2022 as against Rs 3452.37 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales662.06904.47 -27 3065.953452.37 -11 OPM %-24.084.93 --3.554.21 - PBDT-135.0065.91 PL -121.79151.62 PL PBT-145.1549.45 PL -179.6585.88 PL NP-22.5316.11 PL -49.6260.32 PL

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