Power Grid Corporation Of India Ltd.

State run, Power Grid Corporation of India has reported results for third quarter ended December 31, 2012.

The company has reported 39.52% rise in its net profit at Rs 1129.06 crore for the quarter as compared to Rs 809.23 crore for the same quarter in the previous year. Total income from operation of the company has increased by 36.29% at Rs 3361.67 crore for quarter under review as compared to Rs 2466.62 crore for the quarter ended December 31, 2011.

Power Grid is engaged in bulk power transmission and its responsibility include planning, coordination, supervision and control over inter-State transmission system and operation of National and Regional Power Grids.