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GE T&D Secures 64-Million Euro Order From France’s Grid Solutions
The order will be executed in two years, according to an exchange filing.
03 Jul 2024, 09:16 PM IST
Power transmission and distribution solution company GE T&D India Ltd. on Wednesday announced that the company has received a 64-million euro order from France's Grid Solutions for supply of high-voltage products. The order will be executed in two years, according to an exchange filing.
The order, which was placed by the group company, will form a part of the overall project that it is executing for the end customer.
The company posted a net profit of Rs 66.3 crore in the March 2024 quarter backed by higher revenue.
Shares of GE T&D closed 3.23% higher at Rs 1,641.50 per share, as compared to a 0.69% advance in the BSE Sensex.
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