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Power Grid reports marginal rise in Q2 consolidated net profit

07 Nov 2024 Evaluate

Power Grid Corporation of India has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 3.20% fall in its net profit at Rs 3,711.16 crore for the quarter ended September 30, 2024 as compared to Rs 3,833.96 crore for the same quarter in the previous year. However, total income of the company increased by 1.58% at Rs 11,383.34 crore for Q2FY25 as compared to Rs 11,205.81 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported marginal rise of 0.31% in net profit at Rs 3,793.02 crore for Q2FY25 as compared to Rs 3,781.42 crore for the same quarter in the previous year. Total income of the company increased by 2.74% at Rs 11,845.93 crore for Q2FY25 as compared to Rs 11,530.43 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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