Power Grid Corporation Of India Ltd.

Power Grid Corporation of India reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a rise of 7.54% in its net profit at Rs 1109.44  crore in Q4FY13 as compared to net profit of Rs 1031.69 crore in the same quarter previous year.  Total income from operation of the company has increased by 7.13% to Rs 3380.66 crore as compared to Rs 3155.66 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 30.09% rise in its net profit at Rs 4234.50 crore in FY13 as against Rs 3254.95 crore in previous years. Total income from operation of the company has increased to Rs 12757.85 crore as compared to Rs 10164.27 crore in FY12,up by 25.52%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted a 30.57% rise in its net profit at Rs 4312.61 crore under year under review as compared to Rs 3302.99 crore in FY12. Total income has increased by 26.08% at Rs 13163.90 crore for year under review as compared to Rs 10440.46 crore for the period ended March 31, 2012.