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 Q1FY24 of ₹11,048.00 Crores up from ₹10,905.00 Crore year on year, a rise of 1.31%.
Total Expenses for Q1FY24 of ₹7,039.00 Crores up from ₹6,916.00 Crores year on year, a rise of 1.78%.
Consolidated Net Profit of ₹3,597.00 Crores down 5.37% from ₹3,801.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹5.16, down 5.32% from ₹5.45 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.