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GE Power India says net worth rose more than eightfold to ₹483 crore by March 2026

AI Market Summary
GE Power India's investor update highlights a sharp balance-sheet repair (net worth up >8x, cash balance positive) alongside lower debt and two years of positive EBITDA, supported by a strategic pivot toward higher-margin services. The planned demerger of the loss-making Durgapur manufacturing unit to JSW Energy aims to simplify the portfolio and improve earnings quality. The news is positive but largely idiosyncratic, with limited broader cross-asset impact.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-1.40%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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GE Power India said its net worth reached ₹483 crore by March 2026, up more than eight times from March 2024. It also reported a positive bank balance of ₹880 crore and said outstanding bonds fell to ₹764 crore from ₹2,128 crore. The company said EBITDA remained positive for a second straight year, at ₹312 crore in FY25 and ₹277 crore in FY26. GE Power India plans to demerge its loss-making Durgapur manufacturing unit to JSW Energy under a scheme of arrangement while retaining its core high-margin services business.
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