Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has reported results for first quarter ended June 30, 2021.

The company has reported 3- fold jump in its net profit at Rs 6085.41 crore for the quarter under review as compared to net profit of Rs 1978.91 crore for the same quarter in the previous year. Total income of the company increased by 6.92% at Rs 10285.38 crore for Q1FY22 as compared Rs 9620.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 3- fold jump in its net profit at Rs 5998.28 crore for the quarter under review as compared to net profit of Rs 2048.42 crore for the same quarter in the previous year. Total income of the company increased by 5.86% at Rs 10391.61 crore for Q1FY22 as compared Rs 9816.72 crore for the corresponding quarter previous year.