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 37.37 crore in the September 2020 quarter
( Results - Announcements 12-Nov-20 08:08 )
GE Power India reports consolidated net loss of Rs 61.85 crore in the September 2023 quarter
( Results - Announcements 10-Nov-23 07:33 )
Jaiprakash Power Ventures awards two contracts to GE Power India
( Corporate News - 03-Apr-24 18:39 )
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 standalone net loss of Rs 42.13 crore in the December 2017 quarter
( Results - Announcements 01-Feb-18 18:49 )
GE Power India to declare Quarterly Result
( Corporate News - 18-Jun-21 09:22 )
GE Power India wins order of Rs 7.66 cr
( Corporate News - 10-Jul-24 19:18 )
GE Power India to convene board meeting
( Corporate News - 05-Feb-24 15:34 )
GE Power India consolidated net profit declines 65.19% in the December 2020 quarter
( Results - Announcements 09-Feb-21 09:05 )
NTPC, GE Power inks pact to cut carbon intensity from coal-fired units
( Hot Pursuit - 23-Dec-22 13:20 )
GE Power India to hold AGM
( Corporate News - 30-May-23 16:43 )
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