GE Power India reports Rs 112 cr Q2 loss, income dips to Rs 460 cr
GE Power India on Monday reported a consolidated net loss of Rs 112.57 crore in the September quarter.
The company had reported a consolidated net profit of Rs 39.33 crore in the quarter ended September 30, 2021, the company said in a regulatory filing.
Total income of the company dipped to Rs 460.08 crore in the quarter under review from Rs 790.31 crore in the same period a year ago.
The quarter ended with an order backlog of Rs 4,095.8 crore, a statement said.
“The second quarter of the financial year 2022-23 was mixed. The quarter was impacted as the company reported negative earnings growth,
