GE Power India Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 3,907.6 million compared to INR 3,444.8 million a year ago. Revenue was INR 4,698.9 million compared to INR 3,594.3 million a year ago. Net income was INR 259.4 million compared to net loss of INR 1,297 million a year ago. Basic earnings per share from continuing operations was INR 3.86 compared to basic loss per share from continuing operations of INR 19.29 a year ago.
For the full year, sales was INR 16,247.6 million compared to INR 17,958.1 million a year ago. Revenue was INR 17,656.5 million compared to INR 18,840.3 million a year ago. Net loss was INR 1,713.3 million compared to INR 4,405.8 million a year ago. Basic loss per share from continuing operations was INR 25.49 compared to INR 65.54 a year ago.