India Grid Trust (IndiGrid) is the India’s first listed power sector infrastructure investment trust, sponsored by KKR and Sterlite Power. It was established in 2016 to own and operate power transmission and renewable energy assets in India.
The Trust primarily acquires operational transmission SPVs (Special Purpose Vehicles) from a Sponsor or from a third party.
Financial Results:
- India Grid Trust reported Revenues for Q1FY24 of ₹653.00 Crores up from ₹573.00 Crore year on year, a rise of 13.96%.
- Total Expenses for Q1FY24 of ₹540.00 Crores up from ₹498.00 Crores year on year, a rise of 8.43%.
- Consolidated Net Profit of ₹107.00 Crores up 28.92% from ₹83.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.49, up 28.45% from ₹1.16 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.