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GE Power India (GEPIL) announced the demerger of its Durgapur business to JSW Energy to simplify its portfolio and focus on high-margin core services and oOEM segments.
GE Power India Limited (GEPIL) pivots to a Services-only strategy with a proposed demerger of its underutilized Durgapur manufacturing business to JSW Energy to unlock shareholder value and improve profitability.
GEPIL transitioned to a service-led, asset-light model in Q4 FY26, achieving a sharp turnaround in profitability driven by core services and one-time settlements with BHEL and Jaypee.
GE Power India reported a strong FY26 turnaround with 19% revenue growth and significantly improved profitability driven by a strategic shift to high-margin core services and legacy settlement gains.
GE Power India reported turnaround results for FY 2025-26 with a dividend of INR 7 per share. Strategy focuses on high-margin Core Services and debt reduction.