Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 37.35% in its net profit at Rs 1031.69 crore for the quarter ended March 31, 2012 as compared to Rs 751.12 crore for the same quarter in the previous year. Total income has increased by 32.08% at Rs 3408.78 crore for quarter under review as compared to Rs 2580.86 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012, the company has posted a rise of 20.70% in its net profit at Rs 3254.95 crore as compared to Rs 2696.89 crore in the previous year. Total income has increased by 18.53% at Rs 10785.01 crore for year under review as compared to Rs 9098.75 crore for the period ended March 31, 2011.

For the full year ended March 31, 2012, on consolidated basis, the company has posted a rise of 23.62% in its net profit at Rs 3302.99 crore as compared to Rs 2671.91 crore in the previous year. Total income has increased by 19.42% at Rs 11073.58 crore for year under review as compared to Rs 9272.54 crore for the period ended March 31, 2011.