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Gemstar Infra Pte. is in the power infrastructure and distribution industry and is yet to commence its business operation.
The subsidiary was incorporated with the object to facilitate advanced metering infrastructure service provide concessions.
Genus Power Infrastructures incorporated the WOS by subscribing 100 shares of 1 singapore dollars (SGD) each, aggregating to 100 SGD.
Genus Power Infrastructures is engaged in the manufacture and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS and online UPS in India and abroad.
The company reported a consolidated net loss of Rs 11.29 crore in Q4 FY23 as against a net profit of Rs 21.36 crore in Q4 FY22. Net sales rose 11.8% YoY to Rs 202.32 crore in the quarter ended 31 March 2023.
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