GE Power India posts Rs 62 crore loss in Q2
GE Power India on Thursday reported a loss of Rs 61.99 crore before exceptional items in the September quarter.
“Loss before exceptional items for the quarter at Rs (-) 619.9 million (Rs 61.99 crore), compared to Rs (-) 1,126.3 million (Rs 112.63 crore) in Quarter Ended (QE) 30 September 2022,” a company statement said.
According to the statement, the total income for the quarter was Rs 364.24 crore, down 20.8 per cent from Rs 460.07 crore in the year-ago period.
The quarter ended with an order backlog of Rs 3,699 crore, it said.
