Latest News | Indigrid Q1 Net Profit Grows to Rs 137 Cr

New Delhi, Jul 24 (PTI) Investment Manager to India Grid Trust (IndiGrid) on Wednesday posted a 28 per cent increase in net profit to Rs 136.9 crore during the June quarter, helped by higher income.

It had clocked Rs 107 crore profit in the year-ago period, the company said in a statement.

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Its total income rose to Rs 873.3 crore during the first quarter of the ongoing fiscal year from Rs 654.5 crore a year earlier.

Expenses were at Rs 727.2 crore as against Rs 539.7 crore a year ago.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)