GE Power India Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 2,174.2 million compared to INR 2,407.2 million a year ago. Revenue was INR 2,444.5 million compared to INR 2,508 million a year ago. Net income was INR 668.7 million compared to net loss of INR 618.5 million a year ago. Basic earnings per share from continuing operations was INR 1.49 compared to basic loss per share from continuing operations of INR 5.33 a year ago. Basic earnings per share was INR 9.95 compared to basic loss per share of INR 9.2 a year ago.
For the six months, sales was INR 4,638.2 million compared to INR 4,979 million a year ago. Revenue was INR 4,973.2 million compared to INR 5,172.3 million a year ago. Net income was INR 573.4 million compared to net loss of INR 1,976.5 million a year ago. Basic loss per share from continuing operations was INR 2.05 compared to INR 24.19 a year ago. Basic earnings per share was INR 8.53 compared to basic loss per share of INR 29.4 a year ago.