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GE Power India Ltd - 532309 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Further to our letter dated 12 August 2021, please find enclosed a copy of the transcript of the Investors' call held on 12 August 2021.
18-08-2021
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GE Power India Ltd - 532309 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, please find enclosed the copies of the advertisement published in English and regional (Marathi) newspapers for the unaudited financial Results of the quarter ended 30 June 2021, that were approved by the Board in its meeting held on 11 August 2021.
13-08-2021
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GE Power India Ltd - 532309 - Announcement under Regulation 30 (LODR)-Investor Presentation

In furtherance to our letter dated 10 August 2021 regarding Investors' Call scheduled on 12 August 2021 at 4:00 pm, please find enclosed the presentation to be made before the Investors/analysts for your information. This intimation is being made pursuant to Regulation 30 of the SEBI (Listing Obligations & Dislosure Requirements) Regulations, 2015 read with Part A of Schedule III of the said Regulations.
12-08-2021
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Q1FY22 Result Announced for GE Power India Ltd.

For the First Quarter (April – June 2021) Total income for the quarter was INR 5,512 million up by 23%, compared to INR 4,465 million in Quarter Ended (QE) 30 June 2020 (Loss) before exceptional items for the quarter at INR (-)1,526, compared to INR (-)226 million in Quarter Ended (QE) 30 June 2020 EBIDTA (before interest income and expense) for the Quarter Ended (QE) 30 June 21 was (-)22.5%, compared to 0.2% for the Quarter Ended (QE) 30 June 2020. The Quarter Ended (QE) with Order backlog of INR 51,086 million. Four major service orders win worth INR 150 Crore from STEAG, Tata Power, JSW Steel and Maharashtra State Power Generation Company Limited including retrofitting 2X600 MW Chinese make Boiler, upgrading steam generators to meet NOx emission norms, upgrading mill components for a steel plant and supply of LP Turbine rotor respectively. Successfully completed the customer Factory Acceptance Test (FAT) for unit-1 excitation system for Godda project 2X800MW, Adani Power. Successfully completed Factory Acceptance Test (FAT) and dispatched TG Controller for UPRVUNL Obra Unit 2 Services outage for a fly ash erosion problem in boiler backpass in unit#2 660MW Chinese fleet Adani Power Tiroda plant. Conducted annual overhauling of TG set of Unit#1 & 2 at Raipur Energen Ltd., Raikheda, for Adani Infrastructure Management Services Ltd and completed the task, five days ahead of the schedule in total. Prashant Jain, Managing Director, GE Power India Limited said, "After 10 years on being hold, we have received go ahead from the customer on the execution of our hydro Subansiri project which had a significant margin impact for the quarter. The Company also faced cost challenges in project execution for ESP and FGD projects due to commodity price rise, BOQ variations and liquidity issues with the subcontractors which were further aggravated due to COVID-19 and exodus of workforce from sites. We are working aggressively to ramp up the site operations and reduce the lead time in project execution and mitigate the margin impact. On the upside, our services growth strategy is on the right track and this quarter we have booked around 147% higher orders compared to Q1 last financial year due to some exceptional upgrade orders on oOEM fleet. We will continue to focus on emissions and services business aligned with the market dynamics while executing our backlog of INR 51,086 million”. Result PDF
12-08-2021
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GE Power India Ltd - 532309 - Announcement under Regulation 30 (LODR)-Change in Directorate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the members of the Company in the 29th Annual General Meeting held on 10 August 2021 have re-appointed Ms. Neera Saggi as an Independent Director for a second term of five (5) consecutive years with effect from 14 June 2021 to 13 June 2026, not liable to retire by rotation. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular CIR/CFD/CMD/4/2015 dated 9 September 2015 are provided in the attachment
11-08-2021
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GE Power India Ltd - 532309 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, and in continuation to our letter dated 09 August 2021, regarding shifting of Registered office of the Company, please find enclosed a copy of the advertisement published in English and regional (Marathi) newspapers.
11-08-2021
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GE Power India Ltd - 532309 - Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended 30 June 2021 Along With Limited Review Report And Media Release

The Board of Directors in its meeting held on 11 August 2021 have approved Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter ended 30 June 2021 pursuant to Regulation 33 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Copy of the aforesaid results along with Limited Review Report issued by Deloitte Haskins & Sells, Chartered Accountants, Statutory Auditors of the Company, on the aforesaid results are enclosed. Please find herewith a copy of Media Release issued by the Company in this regard.
11-08-2021
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GE Power India Ltd - 532309 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)

GE Power India Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here
11-08-2021
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