GE T&D India Q3 Review - Order Inflow Remains The Key: Prabhudas Lilladher 
A sub-station and electricity transmission pylons. (Photographer: Dhiraj Singh/Bloomberg)

GE T&D India Q3 Review - Order Inflow Remains The Key: Prabhudas Lilladher 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

GE T&D India Ltd. reported strong quarterly performance led by stellar execution, cost rationalization measures and higher other income.

Sales grew by 10% YoY as manufacturing and project sites were operating at full capacity.

Order inflow decline 45% to Rs 6.9 billion owing to delay in order finalization.

Order book stood decent at Rs 49 billion (excluding Level-one Rs 3 billion) providing revenue visibility for next 1.5 years.

Management indicated order inflows have started gaining traction, supported by inflows from neighboring countries such as Bhutan, Nepal and Srilanka owing to their focus on power infra.

Click on the attachment to read the full report:

Prabhudas Lilladher GE T&D Q3FY21 Result Update.pdf

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