Power Grid Corporation of India has reported results for the year ended March 31, 2011.
The company has posted a net profit after tax of Rs 2696.89 crore for FY11, up by 32.14% as compared to Rs 2040.94 crore in the last year. Total income has increased by 21.27% to Rs 9099.80 crore for the year from Rs 7503.58 crore in previous year.
On consolidated basis, the group has posted a profit after tax of Rs 2671.91 crore for the year ended March 31, 2011 and reported a total income of Rs 9273.61 crore for FY11.
Power Grid Corporation of India has recommended final dividend 12.5% of share capital i.e., Rs 1.25 per share of Rs 10 each. This is in addition to interim dividend of 5% of share capital i.e. Rs 0.50 per share paid in February, 2011.
