State-run transmission utility PowerGrid Corp today reported a growth of 41.62 per cent in profit after tax of Rs 651.4 crore for the quarter ended on September 30, 2010.
The company had a profit after tax of Rs 459.97 crore in the same period in 2009-10.
Total revenues of the company were up by 23.44 per cent at Rs 2,222.97 crore from Rs 1,800.9 crore in the three-month period a year ago, the company said in a filing to BSE.
The company's profit in the first half of this fiscal (April to September) increased by 34.57 per cent at Rs 1,354.58 crore against Rs 1,006.58 crore in the six month period in 2009-10.
Total revenue of the company also increased by 20.95 per cent to Rs 4,372.66 in the first half of this fiscal compared to Rs 3,615.23 crore in the same period in 2009-10.
The company's share today declined by 0.95 per cent to settle at Rs 104.25.
