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GE Power India’s total income slips to Rs 244.4 crore compared to Rs 250.8 crore in the July-September period of the preceding 2023-24 fiscal.
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.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)