Power Grid Corporation of India Ltd Q1FY25; 4% rise in Profits

Power Grid Corporation of India Limited is a Maharatna CPSU and India’s largest electric power transmission company. GoI holds a 51.34% stake in the company as on March 31, 2021. PGCIL was incorporated in 1989 to set up extra-high voltage alternating current and high-voltage direct current (HVDC) transmission lines.

Financial Results:

Power Grid Corporation of India Ltd reported Revenues for Q1FY25 of ₹11,006.00 Crores down from ₹11,048.00 Crore year on year, a fall of 0.38%.

Total Expenses for Q1FY25 of ₹6,705.00 Crores down from ₹7,039.00 Crores year on year, a fall of 4.74%.

Consolidated Net Profit of ₹3,724.00 Crores up 3.53% from ₹3,597.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.00, up 3.36% from ₹3.87 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.