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 reports 37% fall in Q1 consolidated net profit

Date: 09-08-2022

Power Grid Corporation of India has reported results for first quarter ended June 30, 2022.

The company has reported a fall of 38.12% in its net profit at Rs 3,765.86 crore for the quarter under review as compared to Rs 6,085.41 crore for the same quarter in the previous year. However, total income of the company increased by 7.11% at Rs 11,016.88 crore for Q1FY23 as compared Rs 10,285.38 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 36.63% in its net profit at Rs 3,801.19 crore for the quarter under review as compared to Rs 5,998.28 crore for the same quarter in the previous year. However, total income of the company increased by 7.48% at Rs 11,168.54 crore for Q1FY23 as compared Rs 10,391.61 crore for the corresponding quarter previous year.