GE Power India Q1 FY27 net profit jumps 55% to Rs 53.7 crore, revenue rises 7.6%
AI Market Summary
GE Power India reported Q1 FY27 net profit up 55% YoY with revenue up 7.6% and lower expenses, indicating improved operating performance. However, results were weaker sequentially as prior-quarter earnings benefited from a one-off expected credit loss reversal; other expenses rose sharply and JV profit fell, while discontinued operations remained loss-making. Market impact is likely limited as this is single-company, idiosyncratic earnings news.
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GE Power India reported Q1 FY27 consolidated net profit of Rs 53.7 crore, up 55% year on year, while revenue from operations increased 7.6% to Rs 308.7 crore. Total expenses fell 8.1% to Rs 271.8 crore and basic and diluted earnings per share were Rs 7.99. On a sequential basis, net profit declined 53% from Rs 113.2 crore and revenue slipped 2.4% from Rs 316.4 crore.
