For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Q: It has been around 15 quarters since the company has not performed well. Given the favorable conditions in India compared to other power companies, where are we lacking? A: Unidentified_2 (Managing Director): We are strong on our core services, having grown by about 22 times. There was some confusion regarding FGDs, but recent policy clarifications have cleared uncertainties. We are confident in our strategy and have been declared winners in one of the FGD projects, which boosts our confidence in this area.

Q: Will the parent company, GE or Nova, infuse some money into GE Power India? A: Unidentified_3 (CFO): We are a legal entity and speak on our behalf. Our balance sheet is stronger post the carve-out of hydro and gas businesses, with a net worth of 233 crores and a cash position of 433 crores. We are moving forward with our set strategy.

Q: The Q4 performance showed gross margins of just about 23%, resulting in a negative EBITDA. Can we expect better gross margins in the future? A: Unidentified_3 (CFO): The quarter faced prolongation and provisions on EPC sites, impacting margins. We refrain from providing projections, but our strategy shift towards services is expected to improve margins. Our backlog has improved by 200 basis points, indicating healthier margins.