GE Power India Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

GE Power India has announced a board meeting on 29 May 2025, approving audited consolidated financial results for FY25. Revenue held steady at INR 1,118.4 Cr, down just 0.8% YoY. Loss before tax shrank significantly to INR 26.8 Cr from INR 136.6 Cr last year. Net profit after tax jumped to INR 203 Cr, boosted by exceptional gains from selling Gas and Hydro units. No dividend declared. Leadership changes include Mr. Mahesh Palashikar retiring as Chair, with Mr. Craig Martin Richards stepping in as the new Chair and Additional Non-Executive Director.