Power Grid Corporation of India has reported results for second quarter ended September 30, 2014.
The company has registered 3.06% fall in its net profit at Rs 1201.27 crore for the quarter under review as compared to Rs 1239.2 crore for the same quarter in the previous year. However, total income of the company has increased 4.99% at Rs 4309.26 crore for Q2FY15 as compared Rs 4104.43 crore for the corresponding quarter previous year.
PGCIL is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.
