Don’t miss the latest developments in business and finance.

Power Grid Q3 net up 14.2 pc to Rs 2,331.17 crore

Image
Press Trust of India New Delhi
Last Updated : Jan 31 2019 | 5:25 PM IST

Power Grid Corporation of India Ltd Thursday reported a 14.22 per cent rise in its standalone net profit to Rs 2,331.17 crore for the December 2018 quarter.

The company had posted a net profit of Rs 2,040.83 crore for the corresponding quarter a year ago.

The total income of the company also increased 14.19 per cent to Rs 8,890.21 crore for the quarter, against Rs 7,785.04 crore reported in the third quarter of the previous fiscal year, Power Grid said in a BSE filing.

Shares of Power Grid settled 0.86 per cent higher at Rs 188.65 apiece on the BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 31 2019 | 5:25 PM IST

Next Story