GE Power India Posts ₹18.5 Crore Loss in Q3 FY25 on Rising Costs

GE Power India Ltd (GEPIL) reported a consolidated loss of ₹18.5 crore for the December quarter of 2024-25, mainly due to higher expenses. In the same period last year, the company had posted a profit of ₹37 lakh.

Income and Expenses

Total income increased to ₹344.2 crore, up from ₹313.1 crore in the previous year. However, expenses also rose to ₹336.4 crore, compared to ₹304.6 crore last year.

Order Backlog and Key Wins

The company ended the quarter with an order backlog of ₹2,706 crore, which is a 69% increase from ₹1,600.8 crore a year ago. A major highlight was the win of a ₹348 crore contract from NTPC Limited for upgrading the Vindhyachal Steam Turbine.

About GE Power India Ltd

GE Power India Ltd is involved in the engineering, procurement, and construction (EPC) of essential equipment for thermal and hydro power plants. It is a prominent player in India’s power generation equipment sector.

GE Power India share price (NSE: GEPIL) is currently trading at ₹249.00, down by ₹4.00 (1.58%) as of 10:12 AM IST on February 13. The stock opened at ₹248.15, reached a high of ₹249.35, and a low of ₹240.30. The 52-week high stands at ₹646.00, while the 52-week low is ₹230.50.

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