{"id":597434,"date":"2023-08-14T09:49:32","date_gmt":"2023-08-14T04:19:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=597434"},"modified":"2023-08-14T10:51:37","modified_gmt":"2023-08-14T05:21:37","slug":"ge-power-indias-net-loss-widens-to-rs-135-79-crore-in-june-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ge-power-indias-net-loss-widens-to-rs-135-79-crore-in-june-quarter\/","title":{"rendered":"GE Power India&#8217;s net loss widens to Rs 135.79 crore in June quarter"},"content":{"rendered":"<p>GE Power India on Friday reported widening of consolidated net loss to Rs 135.79 crore in the June quarter. <\/p>\n<p>It had reported a consolidated net loss of Rs 59.02 crore in the year-ago quarter, according to a regulatory filing. <\/p>\n<p>The company&#8217;s total income declined to Rs 440.28 crore in the first quarter of the current fiscal from Rs 520.01 crore in the same period a year ago. <\/p>\n<p>&#8220;In the June quarter, we continued to see that the turnaround is taking longer than anticipated&#8230; we are seeing a slight ease on the FGD (Flue-Gas Desulfurisation) market, but conversion to orders is still slower than expected,&#8221; GE Power India Managing Director Prashant Jain said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GE Power India on Friday reported widening of consolidated net loss to Rs 135.79 crore in the June quarter. It had reported a consolidated net loss of Rs 59.02 crore in the year-ago quarter, according to a regulatory filing. The company&#8217;s total income declined to Rs 440.28 crore in the first quarter of the current fiscal from Rs 520.01 crore in the same period a year ago. &#8220;In the June quarter, we continued to see that the turnaround is taking longer than anticipated&#8230; we are seeing a slight ease on the FGD (Flue-Gas Desulfurisation) market, but conversion to orders is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-597434","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=597434"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597434\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=597434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=597434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=597434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}