Latest News | PGCIL Q4 Net Profit Rises 18 Pc to Rs 4,156 Crore
Get latest articles and stories on Latest News at LatestLY. State-owned Power Grid Corporation of India Ltd on Saturday posted about 18 per cent rise in its consolidated net profit at Rs 4,156.44 crore for the March 2022 quarter, backed by higher income.
New Delhi, May 21 (PTI) State-owned Power Grid Corporation of India Ltd on Saturday posted about 18 per cent rise in its consolidated net profit at Rs 4,156.44 crore for the March 2022 quarter, backed by higher income.
The company's consolidated net profit stood at Rs 3,526.23 crore in the year-ago quarter, Power Grid Corporation of India Ltd (PGCIL) said in a BSE filing.
Its total income during January-March increased to Rs 11,067.94 crore compared to Rs 10,816.33 crore recorded in the corresponding period of FY21.
The expenses during the quarter were at Rs 6,715.21 crore as against Rs 6,208.39 crore a year ago.
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The board of the company has also declared interim dividend of Rs 12.50 per share for financial year 2021-22.
(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)