India Grid Trust is an infrastructure investment trust (InvIT) that owns and operates power transmission assets in India. The company was established in 2016 and is headquartered in Mumbai, India. India Grid Trust is managed by Sterlite Power Grid Ventures Limited, which is one of India’s leading power transmission companies. The InvIT holds a portfolio of inter-state power transmission assets, which include 13 power transmission lines and 3 substations with a total network of around 7,570 circuit kilometers across 12 Indian states. These transmission assets are critical components of India’s power infrastructure and are essential for transmitting electricity from power generation sources to consumption centers across the country.
- India Grid Trust reported Total Income for Q4 FY23 of ₹624.84 Crore up from ₹568.50 Crore year on year, a growth of 9.9%.
- Total Expenses for Q4 FY23 of ₹500.5 Crore up from ₹465.75 Crore year on year, a growth of 7.5%.
- Consolidated Net Profit of ₹137.12 Crore, down 37.4% from ₹99.80 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹1.93, from ₹1.38 in the same quarter of the previous year.