New Delhi, Feb 12 (PTI) GE Power India Tuesday reported a standalone net profit of Rs 41.11 crore for December quarter 2018 on the back of healthy revenue growth.
The company had suffered a loss of Rs 42.13 crore in the year-ago period, a statement said.
Total income rose to Rs 577.46 crore in the latest quarter from Rs 410.59 crore in October-December 2017, it said.
During April-December 2018, the company’s net profit rose to Rs 48.80 crore. In the year-ago nine-month period, the company reported a loss of Rs 24.99 crore.
Total income during the period rose to Rs 1,634.61 crore from Rs 1,095.36 crore a year ago.
The company is mainly into the business of power generation.
This is published unedited from the PTI feed.