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 Q2FY24 of ₹11,267.00 Crores up from ₹11,151.00 Crore year on year, a rise of 1.04%.
Total Expenses for Q2FY24 of ₹7,175.00 Crores down from ₹7,289.00 Crores year on year, a fall of 1.56%.
Consolidated Net Profit of ₹3,781.00 Crores up 3.59% from ₹3,650.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.07, up 3.83% from ₹3.92 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.