GE Power India Limited — Investor Meet, 05-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

GE Power India’s focus on higher-margin services is paying off, with FY25 order intake nearly doubling to INR 2,183 Cr and backlog up 68% YoY at INR 2,662 Cr. Q4 revenue rose 8% YoY to INR 266 Cr; FY25 revenue was stable at INR 1,047 Cr. Profit before tax in Q4 turned positive at INR 189 Cr, boosted by a one-time INR 219 Cr gain from the Hydro business sale. The company is debt-free with net cash of INR 433 Cr. Durgapur plant utilization remains low (~2/3), but new initiatives could boost efficiency. Management is optimistic about sustainable, profitable growth ahead.