GE Power India Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 4,562.2 million compared to INR 5,326.6 million a year ago. Revenue was INR 4,912.4 million compared to INR 5,445.1 million a year ago. Net income was INR 3.7 million compared to net loss of INR 1,392.9 million a year ago. Basic earnings per share from continuing operations was INR 0.06 compared to basic loss per share from continuing operations of INR 20.72 a year ago. Diluted earnings per share from continuing operations was INR 0.06 compared to diluted loss per share from continuing operations of INR 20.72 a year ago.
For the nine months, sales was INR 12,340 million compared to INR 14,513.3 million a year ago. Revenue was INR 12,957.6 million compared to INR 15,246 million a year ago. Net loss was INR 1,972.7 million compared to INR 3,108.9 million a year ago. Basic loss per share from continuing operations was INR 29.34 compared to INR 46.24 a year ago. Diluted loss per share from continuing operations was INR 29.34 compared to INR 46.24 a year ago.