GE Power India Reports Mixed Financial Results, Highlighting Profit Growth Amid Sales Decline in December 2024

Feb 12 2025 10:19 PM IST
share
Share Via
GE Power India has announced its financial results for the quarter ending December 2024, showcasing growth in Profit Before Tax and Profit After Tax. The company maintains a low Debt-Equity Ratio and improved Debtors Turnover Ratio, though it faces challenges with declining Net Sales and a negative Earnings per Share.
GE Power India has recently reported its financial results for the quarter ending December 2024, revealing a mix of positive and challenging trends. The company has demonstrated notable growth in Profit Before Tax (PBT), which reached Rs 8.91 crore, marking a significant increase compared to the average PBT of the previous four quarters. This performance reflects a strong near-term trend in profitability. Additionally, the Profit After Tax (PAT) also showed growth, reaching Rs 8.86 crore, indicating a positive trajectory in earnings.

On the balance sheet front, GE Power India has achieved a low Debt-Equity Ratio of 0.28 times, suggesting a prudent approach to borrowing relative to equity capital. Furthermore, the Debtors Turnover Ratio has improved, indicating that the company is effectively managing its receivables.

However, the results also highlight some areas of concern. Net Sales have declined to Rs 316.90 crore, which is below the average of the previous quarters. The Operating Profit to Interest ratio has reached its lowest point in five quarters, raising questions about the company's ability to manage interest obligations. Additionally, the Earnings per Share (EPS) has fallen to Rs -2.76, reflecting challenges in profitability.

Overall, GE Power India has experienced evaluation changes in light of these financial results.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News