GE T&D slumps on poor show

about 5 months ago
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GE T&D has been consistently hitting new lows for the past few days. And today was no different as it hit a new 52-week low at Rs.197.15.

The company posted a shocking 96% (YoY) fall in net profit at Rs.3.37 crore on a 37% drop in revenue at Rs.734 crore.

EBITDA was down 70% at Rs.42 crore and margins showed a sharp fall from 12.4% to 5.78%.

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