Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
255.70
1.45 (0.57%)
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Power Grid slips despite reporting 52% rise in Q4 net profit

Date: 31-05-2019

Power Grid Corporation of India is currently trading at Rs. 190.30, down by 0.85 points or 0.44% from its previous closing of Rs. 191.15 on the BSE.

The scrip opened at Rs. 191.50 and has touched a high and low of Rs. 192.30 and Rs. 189.10 respectively. So far 98467 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 212.40 on 31-May-2018 and a 52 week low of Rs. 173.05 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 194.70 and Rs. 185.45 respectively. The current market cap of the company is Rs. 99740.26 crore.

The promoters holding in the company stood at 55.37%, while Institutions and Non-Institutions held 40.09% and 4.55% respectively.

Power Grid Corporation of India has reported a rise of 51.91% in its net profit at Rs 3,053.96 crore for the quarter ended March 31, 2019 as compared to Rs 2,010.31 crore for the same quarter in the previous year. Total income of the company increased by 18.66% at Rs 9,610.24 crore for Q4FY19 as compared Rs 8,098.93 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 20.55% in its net profit at Rs 9,938.55 crore as compared to Rs 8,244.65 crore for the previous year. Total income of the company increased by 15.77% at Rs 35,618.07 crore for year under review as compared to Rs 30,766.32 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 22.30% in its net profit at Rs 10,033.52 crore as compared to Rs 8,204.00 crore for the previous year. Total income of the company increased by 17.19% at Rs 35,661.32 crore for year under review as compared to Rs 30,430.54 crore for year ended March 31, 2018.