GE POWER INDIA LTD has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 4,431 | 3,446 | 4,287 | 24.4% | -3.3% |
Other income | Rs m | 242 | 561 | 385 | -31.5% | 58.9% |
Turnover | Rs m | 4,673 | 4,007 | 4,671 | 16.6% | 0.0% |
Expenses | Rs m | 4,332 | 3,274 | 4,537 | 38.6% | 4.7% |
Gross profit | Rs m | 23 | 155 | -251 | -261.4% | -1180.6% |
Depreciation | Rs m | 88 | 71 | 141 | 98.6% | 59.9% |
Interest | Rs m | 95 | 98 | 115 | 17.9% | 21.0% |
Profit before tax | Rs m | 82 | 548 | -122 | -122.3% | -249.3% |
Tax | Rs m | 58 | 275 | -35 | -112.9% | -161.6% |
Profit after tax | Rs m | 24 | 273 | -87 | -131.9% | -456.1% |
Gross profit margin | % | 0.5 | 4.5 | -5.8 | ||
Effective tax rate | % | 70.2 | 50.2 | 28.9 | ||
Net profit margin | % | 0.5 | 6.8 | -1.9 |
To see how GE POWER INDIA LTD has performed over the last eight quarters,please visit here.
Over the last one year,GE POWER INDIA LTD share price has moved up from Rs 771.1 to Rs 829.1, registering a Gain of Rs 58.1 or around 7.5%.
Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 17,787.2 (up 0.5%). Over the last one year it has moved down from 18,130.0 to 17,787.2, a gain of 343 points (down 1.9%).
Overall, the S&P BSE SENSEX is up 3.4% over the year.
At the current price of Rs 829.1, the price to earnings (P/E) ratio of GE POWER INDIA LTD stands at 85.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.7 times.
Should you bet on this public sector defence shipbuilder?
Here's an analysis of the annual report of GE POWER INDIA LTD for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of GE POWER INDIA LTD. Also includes updates on the valuation of GE POWER INDIA LTD.
For the quarter ended March 2019, GE POWER INDIA LTD has posted a net profit of Rs 272 m (down 47.1% YoY). Sales on the other hand came in at Rs 3 bn (down 6.0% YoY). Read on for a complete analysis of GE POWER INDIA LTD's quarterly results.
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