Shares of GE Power were in focus on Thursday, August 14, after the company reported strong June quarter (Q1 FY26) results. The firm posted a net profit of Rs 34.7 crore, marking a 246% year-on-year (YoY) jump from a loss of Rs 9.54 crore in the same period last year.
Sales for the quarter rose 16% YoY to Rs 287 crore, compared to Rs 246 crore in June 2024. The company also recorded a significant improvement in EBITDA, narrowing its loss to Rs 12.2 crore from Rs 18.4 crore a year earlier. Earnings per share (EPS) stood at Rs 5.16, up 463% YoY from a negative Rs 1.42 in June 2024.
As of 9:53 am today the shares were trading over 2% up.
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