GE Power India reports standalone net profit of Rs 6.56 crore in the September 2017 quarter

Capital Market 

Sales decline 45.39% to Rs 261.95 crore

Net profit of GE Power reported to Rs 6.56 crore in the quarter ended September 2017 as against net loss of Rs 97.10 crore during the previous quarter ended September 2016. Sales declined 45.39% to Rs 261.95 crore in the quarter ended September 2017 as against Rs 479.68 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales261.95479.68 -45 OPM %-0.52-24.08 -PBDT27.27-119.17 LP PBT12.77-133.09 LP NP6.56-97.10 LP

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First Published: Wed, November 01 2017. 17:28 IST