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GE T&D India sees 53 per cent growth in order inflow

 

GE T&D India, in a release, said that its order bookings during the October-December quarter of FY23 were up 52.8 per cent year-on-year.

The release said that order bookings in the quarter ending December 31, 2022 were Rs.779.90 crore as against Rs.510.40 crore in the same quarter of FY22.

In the first three quarters (April to December) of FY23, the total order inflow stood at Rs.1,865.40 crore – up 15.4 per cent from Rs.1,616.70 crore in the same period of FY22.

Domestic orders accounted for 67 per cent of the total order inflow in April-December period of FY23.

 

As of December 31, 2022, GE T&D India’s outstanding order backlog was Rs.3,482.10 crore with private utilities accounting for 66 per cent.

 

Key order wins in Q3 of FY23 included:

 

Some key orders completed in Q3 of FY23 were:

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