The listed company for GE’s Grid Solutions division in India is GE T&D. GE T&D India is a major player in the power transmission and distribution industry with more than 100 years of history in India.
GE T&D India has five manufacturing facilities and is equipped to fulfil the industry’s rising need for grid products and services. The introduction of green and digital technologies by GE is targeted at improving the Indian grid’s intelligence, resiliency, and environmental friendliness.
GE T&D India on Tuesday posted over four-fold jump in its net profit to Rs 28.24 crore in the April-June quarter compared to the year-ago period mainly on the back of higher revenues.
The company had reported a net profit of Rs 6.36 crore in the quarter ended on June 30, 2022, a BSE filing showed.
Total income of the company rose to Rs 729.53 crore in the quarter under review from Rs 601.66 crore in the same period a year ago.
