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GE T&D India net profit increases 376%; hits 5% upper circuit
short by / on Thursday, 1 August, 2024
Shares of GE T&D India Limited hit a 5% upper circuit at ₹1,648.9, after reporting a rise in net profit by 103% quarter-on-quarter and 376.4% year-on-year, while revenue from operations grew 5% quarter-on-quarter and 34% year-on-year. The company’s order bookings were ₹1,030 crore in Q1FY25, against ₹1,010 crore in Q1FY24, indicating a 2% year-on-year growth.
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