In Short : Genus Power Infrastructure reported a sharp rise in Q1 net profit to ₹128.5 crore, up from ₹40.7 crore a year ago, driven by strong demand and efficient execution. Revenue climbed to ₹942.4 crore in the June quarter, reflecting robust order flows and improved margins despite higher finance costs, underscoring the company’s solid […]
Deal announcement: GIC announces USD 2 billion smart meter platform with Genus Power – EQ Mag
Resolüt Partners, a Mumbai-based law firm that specializes in complex cross-border PE/M&A transactions has advised GIC Singapore (“GIC”) on the set-up of its USD 2 billion (INR 16,000 cr) majority owned smart meter platform (“Platform”) in Singapore with a leading meter manufacturer, Genus Power Infrastructures Limited (“Genus”). GIC will hold 74% stake in the Platform […]
