Power Grid Corp Q1 net profit grows 3.5% to ₹3,724 crore, revenue down
Power Grid Corporation of India reported first quarter consolidated net profit rose 3.5% to ₹3,724 crore as compared with ₹3,597 crore in the year-earlier period.
Revenue for the quarter ended June 30,2024 fell to ₹11,006.18 crore from ₹11,048 crore in the same period last year. Revenue from the transmission business also declined to ₹10,728 crore from ₹10,829 crore in the year-earlier period . On a standalone basis, the first quarter net profit fell to ₹3,412 crore from ₹3,543 crore in the year-earlier period.
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