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Powergrid Corporation Net Profit Jumps to Rs 5,998 Crore in June Quarter
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Powergrid Corporation Net Profit Jumps to Rs 5,998 Crore in June Quarter

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Powergrid Corporation net profit jumps to Rs 5,998 crore in June quarter
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Powergrid Corporation Net Profit Jumps to Rs 5,998 Crore in June Quarter

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The consolidated net profit stood at Rs 2,048.42 crore in the year-ago period, according to a BSE filing.

New Delhi : Power Grid Corporation of India Ltd (PGCIL) on Tuesday posted a nearly three-fold jump in consolidated net profit at Rs 5,998.28 crore in the June quarter, mainly on the back of higher revenues.

The consolidated net profit stood at Rs 2,048.42 crore in the year-ago period, according to a BSE filing.

Total income of the company rose to Rs 10,391.61 crore in the latest June quarter from Rs 9,816.72 crore in the same period a year ago.

Source : pti

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Anand Gupta Editor - EQ Int'l Media Network
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