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GE T&D India posts Q1 net profit at Rs 61.6 cr

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Press Trust of India New Delhi
GE T&D India Ltd today posted a net profit of Rs 61.6 crore for the first quarter ended June 30, 2017.

However, the company had posted a net loss of Rs 197.4 crore in the year-ago period, GE T&D India Ltd said in a BSE filing.

The company's total income increased to Rs 1,305.5 crore over Rs 937.7 crore in the corresponding quarter of previous fiscal.

The total expenses during the quarter increased to Rs 1,208 crore over Rs 1,180.6 crore in the year-ago period.

GE T&D India is a leading player in the power transmission and distribution business with a product portfolio ranging from medium voltage to ultra high voltage (1,200 kV) for power generation, utility, industry and infrastructure markets.

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First Published: Jul 25 2017 | 7:57 PM IST

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