Corporate News 23-Nov-23
GE Power India receives revision in credit rating
From ICRA
GE Power India announced that ICRA has revised the Long-term rating for Line of Credit as [ICRA]BBB (Negative) from [ICRA]BBB+ (Negative), reaffirmed the outlook to Negative and short-term rating for Line of Credit as [ICRA]A3+ from [ICRA]A2. The reasons for downward revision inter-alia included continuous decline in revenues, reduction in profit margins and delayed cash flow owing to significant cost pressures, provisions for accidents and slow pace of project execution.
Previous News
GE Power India reports consolidated net profit of Rs 0.37 crore in the December 2023 quarter
( Results - Announcements 14-Feb-24 07:45 )
GE Power India reports standalone net loss of Rs 61.99 crore in the September 2023 quarter
( Results - Announcements 09-Nov-23 17:41 )
GE Power India reports consolidated net loss of Rs 61.85 crore in the September 2023 quarter
( Results - Announcements 10-Nov-23 07:33 )
GE Power India secures order of Rs 10.47 cr from NTPC
( Corporate News - 28-Dec-23 13:32 )
GE Power India wins order of Rs 9.91 cr from Bokaro Power Supply Company
( Corporate News - 28-Dec-23 13:36 )
GE Power India reports consolidated net loss of Rs 34.12 crore in the December 2021 quarter
( Results - Announcements 10-Feb-22 08:12 )
GE Power India reports consolidated net loss of Rs 114.99 crore in the June 2021 quarter
( Results - Announcements 12-Aug-21 07:44 )
GE Power India to acquire 50% stake in NTPC GE Power Services
( Corporate News - 15-Apr-21 09:57 )
GE Power India to conduct board meeting
( Corporate News - 09-Aug-23 10:45 )
GE Power India Ltd leads losers in 'B' group
( Hot Pursuit - 12-Jul-24 14:46 )
GE Power India reports consolidated net loss of Rs 59.02 crore in the June 2022 quarter
( Results - Announcements 09-Aug-22 15:33 )
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