GE Power India Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- GE Power India Ltd reported a 40.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 29.9%.
- Its expenses for the quarter were up by 43.0% QoQ and down 31.8% YoY.
- The net profit decreased 127.8% QoQ and decreased 5121.6% YoY.
- The earnings per share (EPS) of GE Power India Ltd declined at 2.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 344.29 | 244.45 | 491.24 | 40.8% | -29.9% |
Total Expenses | 336.44 | 235.31 | 493.10 | 43.0% | -31.8% |
Profit Before Tax | 7.85 | 9.14 | -1.86 | -14.1% | -522.0% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -18.58 | 66.87 | 0.37 | -127.8% | -5121.6% |
Earnings Per Share | -2.80 | 9.90 | 0.10 | -128.3% | -2900.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GE Power India Ltd is a prominent player in the power industry, primarily engaged in the development and supply of power generation solutions. The company offers a wide array of products and services including steam turbines, generators, and environmental control systems. GE Power India operates within the larger industrial conglomerate of General Electric, a well-known entity in the global infrastructure and technology sectors. Recent major developments around the company might include contracts for supplying power equipment or service agreements with utilities, although specific details are not available within this dataset.
Revenue
In the third quarter of the financial year 2025 (Q3FY25), GE Power India Ltd reported a total income of ₹344.29 crores. This represents a quarter-over-quarter (QoQ) increase of 40.8% from ₹244.45 crores in Q2FY25. However, when compared year-over-year (YoY), there is a decline of 29.9% from ₹491.24 crores in Q3FY24. The data highlights a significant increase in revenue in the most recent quarter compared to the preceding quarter, yet it reflects a considerable decrease when compared to the same period in the previous year.
Profitability
The profitability metrics for GE Power India Ltd in Q3FY25 show a complex financial scenario. The company registered a profit before tax (PBT) of ₹7.85 crores, marking a decrease of 14.1% QoQ from ₹9.14 crores in Q2FY25. In contrast, the YoY comparison indicates a substantial improvement from a loss of ₹1.86 crores in Q3FY24. Notably, the profit after tax (PAT) was reported as a loss of ₹18.58 crores in Q3FY25, a stark contrast to a profit of ₹66.87 crores in the previous quarter, marking a 127.8% decline QoQ. Additionally, this represents a dramatic drop compared to a marginal profit of ₹0.37 crores in Q3FY24, reflecting a YoY decline of 5121.6%.
Operating Metrics
Analyzing the operating metrics, the total expenses for Q3FY25 were ₹336.44 crores, which signifies a QoQ increase of 43.0% from ₹235.31 crores in Q2FY25. Year-over-year, the expenses have decreased by 31.8% from ₹493.10 crores in Q3FY24. Earnings Per Share (EPS) for Q3FY25 were reported at a negative ₹2.80, which marks a significant decline both QoQ and YoY, from ₹9.90 in Q2FY25 and ₹0.10 in Q3FY24, respectively. Such figures indicate fluctuations in the company's earnings and costs over the analyzed periods.
