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.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.