Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a rise of 10.46% in its net profit at Rs 3515.61 crore for the quarter under review as compared to Rs 3182.66 crore for the same quarter in the previous year. Total income of the company increased by 2.84% at Rs 10705.49 crore for Q4FY21 as compared Rs 10409.52 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 6.42% in its net profit at Rs 3526.23 crore for the quarter under review as compared to Rs 3313.47 crore for the same quarter in the previous year. Total income of the company increased by 2.94% at Rs 10816.33 crore for Q4FY21 as compared Rs 10507.65 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported 10.40% rise net profit at Rs 11935.78 crore as compared to Rs 10811.18 crore for the previous year. Total income of the company increased by 5.75% at Rs 40527.11 crore for year under review as compared to Rs 38317.97 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported 8.83% rise net profit at Rs 12036.46 crore as compared to Rs 11059.40 crore for the previous year. Total income of the company increased by 5.57% at Rs 40823.53 crore for year under review as compared to Rs 38670.96 crore for year ended March 31, 2020.