Stock Report

GE Power India Ltd Q3FY21 consolidated net profit drops to Rs. 35.09 crore



Posted On : 2021-02-08 19:18:25( TIMEZONE : IST )

GE Power India Ltd Q3FY21 consolidated net profit drops to Rs. 35.09 crore

GE Power India Ltd has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.1143.13 crores during the period ended December 31, 2020 as compared to Rs.917.80 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.35.09 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.37.37 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.5.22 for the period ended December 31, 2020 as compared to Rs.5.56 for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 1143.13 crs₹ 917.80 crsUp Tick 24.55%
Net Profit₹ 35.09 crs₹ 37.37 crsDown Tick -6.1%
EPS₹ 5.22₹ 5.56Down Tick -6.12%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.1143.13 crores during the period ended December 31, 2020 as compared to Rs.784.67 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.35.09 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.100.81 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.5.22 for the period ended December 31, 2020 as compared to Rs.14.99 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 1143.13 crs₹ 784.67 crsUp Tick 45.68%
Net Profit₹ 35.09 crs₹ 100.81 crsDown Tick -65.19%
EPS₹ 5.22₹ 14.99Down Tick -65.18%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.2507.35 crores during the 9 months period ended December 31, 2020 as compared to Rs.1797.14 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.54.44 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.69.73 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.8.10 for the 9 months period ended December 31, 2020 as compared to Rs.10.37 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 2507.35 crs₹ 1797.14 crsUp Tick 39.52%
Net Profit₹ 54.44 crs₹ 69.73 crsDown Tick -21.93%
EPS₹ 8.10₹10.37Down Tick -21.89%

Shares of GE Power India Ltd was last trading in BSE at Rs.294 as compared to the previous close of Rs. 290.7. The total number of shares traded during the day was 18330 in over 511 trades.

The stock hit an intraday high of Rs. 296.45 and intraday low of 291.1. The net turnover during the day was Rs. 5398867.

Source : Equity Bulls

Keywords