GE Power India Ltd News
GE Power up 7% on getting extension for supplying boiler parts to MP Power
The extension of the order is for the supply of boiler parts at Sanjay Gandhi Power Station and the project has to be completed in 3.5 months
 "GE Power up 7% on getting extension for supplying boiler parts to MP Power")
GE Power India Q2 results: Net profit rises to Rs 67 cr on lower expenses
GE Power India on Wednesday reported a net profit of Rs 66.8 crore in the September 2024 quarter, aided by lower expenses. It had posted a Rs 61.8 crore loss in the year-ago period, the company said in a regulatory filing. Its total income slipped to Rs 244.4 crore compared to Rs 250.8 crore in the July-September period of the preceding 2023-24 fiscal. During the reported period, the company reduced expenses to Rs 235.3 crore against Rs 286.7 crore a year ago.
 "GE Power India Q2 results: Net profit rises to Rs 67 cr on lower expenses")
GE Power India announces appointment of Puneet Bhatla as new MD from Sep
GE Power India on Thursday announced the appointment of Puneet Bhatla, Executive - Business Operations services as its Managing Director effective September 1. "...Puneet Bhatla (Executive - Business Operations services), Ashutosh Gupta (Executive - Sourcing) and Raj Raman (Executive - Project portfolio) designated as 'Senior Management Personnel' have ceased to be the senior management of the company, with effect from September 1, 2024," the company said in a regulatory filing. The company said Bhatla has been appointed as its managing director, subject to approval of members and therefore, Puneet is no longer falling under the definition of "senior management" as per listing regulations.
GE Power India Q1 results: Net loss down at Rs 9.53 cr, revenue Rs 465 cr
GE Power India on Friday reported a narrowing of its consolidated loss to Rs 9.53 crore in the June 2024 quarter. The company suffered a consolidated net loss of Rs 135.79 crore in the quarter ended on June 30, 2023, according to a regulatory filing. Total income rose to Rs 465.80 crore in the quarter from Rs 440.28 crore in the same period a year ago. The Quarter Ended (QE) with an order backlog of Rs 3,917 crore up by 15.8 per cent compared to Rs 3,382.3 crore during the quarter ended in June 2023. The first quarter of the financial year 2024-25 started on a positive note with GE Power India's strategy translating into orders and favourable sales mix, Prashant Jain, Managing Director at GE Power India, said in the filing. GE Power India Ltd (GEPIL) is a leading player in the Indian power generation equipment market.
 "GE Power India Q1 results: Net loss down at Rs 9.53 cr, revenue Rs 465 cr")
