New Delhi, Jul 26 (PTI) Power Grid Corporation of India (PowerGrid) on Friday posted a 3.52 per cent rise in its consolidated net profit to Rs 3,723.92 crore for the June quarter, mainly on account of higher income.

It had clocked Rs 3,597.16 crores profit for the year-ago period, the company said in an exchange filing.

Also Read | What Is Satellite-Based Toll Collection System, How Will It Be Different From FASTag? Here's All You Need To Know.

During the quarter, its total income rose to Rs 11,279.59 crore from Rs 11,257.60 crore in the April-June quarter of the preceding 2023-24 fiscal.

The company also reduced its expenses to Rs 6,643.07 crore from Rs 6,688.51 crore in the same quarter a year ago.

Also Read | Shillong Teer Results Today, July 26 2024: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai.

(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)