GE Vernova T&D India on Wednesday posted a nearly 3-fold jump in its net profit to Rs 142.68 crore in the December quarter compared to a year ago, mainly on the back of higher revenues. The company had a net profit of Rs 49.35 crore in the quarter ended on December 31, 2023, according to a regulatory filing. Total income rose to Rs 1,099.45 crore during the third quarter against Rs 834.72 crore a year ago. "We are pleased to report a solid third quarter - we expanded margins for a third consecutive quarter and closed large deals with a total value of INR 20.8 billion. "We are advancing on our long-term vision with steady, sustainable growth and a sharp focus on safety, quality, delivery and cost," Sandeep Zanzaria, Managing Director & CEO of GE Vernova T&D India Ltd, said. Its board appointed Shweta Mehta as a Senior Managerial Personnel effective Wednesday and as Company Secretary & Compliance Officer with effect from February 6, 2025. Consequently, Nimai Verma, ...