MoneyWorks4Me

Power Grid Corporation reports 26% rise in Q3 consolidated net profit

12 Feb 2021 Evaluate

Power Grid Corporation of India has reported results for third quarter ended December 31, 2020.

The company has reported a rise of 24.33% in its net profit at Rs 3323.85 crore for the quarter under review as compared to net profit at Rs 2673.49 crore for the same quarter in the previous year. Total income of the company increased by 8.58% at Rs 10311.35 crore for Q3FY21 as compared Rs 9496.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 26.04% in its net profit at Rs 3367.71 crore for the quarter under review as compared to net profit at Rs 2672.03 crore for the same quarter in the previous year. Total income of the company increased by 8.58% at Rs 10359.48 crore for Q3FY21 as compared Rs 9541.13 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 328.75
Tata Power 361.95
Adani Power 203.30
Power Grid Corpn. 263.65
Adani Energy Solut. 1351.85
View more..