{"id":135722,"date":"2022-11-07T07:51:49","date_gmt":"2022-11-07T12:51:49","guid":{"rendered":"https:\/\/44.250.171.167\/?p=135722"},"modified":"2022-11-07T07:51:50","modified_gmt":"2022-11-07T12:51:50","slug":"powergrid-reported-8-rise-in-its-net-profit-for-q2fy22-declares-a-dividend-of-inr-5","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/powergrid-reported-8-rise-in-its-net-profit-for-q2fy22-declares-a-dividend-of-inr-5\/","title":{"rendered":"PowerGrid reported 8% rise in its net profit for Q2FY22, declares a dividend of INR 5"},"content":{"rendered":"\n<p>Power Grid Corporation of India reported a 8% year-on-year (YoY) rise in profit after tax (PAT) at INR 3,650 crore for the September 2022 quarter. It reported a PAT of INR 3,338.27 crore in the same quarter previous year. The company reported an increase of 9% in revenue from operations at INR 11,151 crore in the July-September 2022 period compared to a revenue of INR 10,267 crore in the year-ago period.<\/p>\n\n\n\n<p>Power Grid&#8217;s earning per share (EPS) remained flat at INR 5.23 apiece in Q2FY23 compared with INR 5.45 in Q1FY23 and INR 4.84 in Q2FY22. For the half year ended September 30, 2022, Power Grid reported a bottom-line of INR 7,416.90 crore, which is over 21% below the profit of INR 9,423.68 crore clocked by the company in the first half of last financial year.<\/p>\n\n\n\n<p>However, the state-run power transmission major reported an over 8% rise in the revenue from operations to INR 21,101.78 crore from INR 19,709.46 crore during the same period under review. <\/p>\n\n\n\n<p>The company announced an interim dividend of INR 5 per equity share with a face value of INR 10 each for the quarter, which shall be paid to eligible members on November 30, 2022, it said in a separate exchange filing.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"748\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/e2ed37fa-3b1c-4097-b3b3-663714bd91d1-748x1024.png\" alt=\"\" class=\"wp-image-135723\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/e2ed37fa-3b1c-4097-b3b3-663714bd91d1-748x1024.png 748w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/e2ed37fa-3b1c-4097-b3b3-663714bd91d1-219x300.png 219w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/e2ed37fa-3b1c-4097-b3b3-663714bd91d1-768x1051.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/e2ed37fa-3b1c-4097-b3b3-663714bd91d1-1122x1536.png 1122w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/e2ed37fa-3b1c-4097-b3b3-663714bd91d1-1496x2048.png 1496w\" sizes=\"auto, (max-width: 748px) 100vw, 748px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Power Grid Corporation of India reported a 8% year-on-year (YoY) rise in profit after tax (PAT) at INR 3,650 crore for the September 2022 quarter. It reported a PAT of INR 3,338.27 crore in the same quarter previous year. The company reported an increase of 9% in revenue from operations at INR 11,151 crore in [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5746],"tags":[8621,9731,316],"class_list":["post-135722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-energy-stocks","tag-electric-power","tag-power-transmission","tag-telecom"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":136925,"url":"https:\/\/alphastreet.com\/india\/care-ratings-q2fy23-results-out-net-profit-up-by-30\/","url_meta":{"origin":135722,"position":0},"title":"CARE Ratings Q2FY23 results out: Net profit up by 30%","author":"Chirag Gupta","date":"November 8, 2022","format":false,"excerpt":"CARE Ratings reported an increased standalone net profit by 29% to INR 38.47 crore in Q2FY23 from INR 29.76 crore in Q2FY22. The ratings agency's standalone income from operations was up by 12% to INR 77.49 crore in Q2FY23, compared with INR 69.30 crore in the corresponding quarter of the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":139479,"url":"https:\/\/alphastreet.com\/india\/trident-reported-a-32-decline-in-its-q3fy23-net-profit\/","url_meta":{"origin":135722,"position":1},"title":"Trident reported a 32% decline in its Q3FY23 net profit","author":"Chirag Gupta","date":"January 30, 2023","format":false,"excerpt":"Textiles firm Trident Ltd reported a 32 per cent decline in consolidated profit after tax to INR 144 crore in the third quarter ended in December 2022. The company had posted a consolidated profit after tax of INR 211 crore in the same quarter previous fiscal, Trident Ltd said in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/84fcd02c-df3d-4d30-92a7-64a21b7078e2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142828,"url":"https:\/\/alphastreet.com\/india\/tridents-q3fy23-net-profit-declines-by-32-percent\/","url_meta":{"origin":135722,"position":2},"title":"Trident&#8217;s Q3FY23 net profit declines by 32 percent","author":"Chirag Gupta","date":"February 27, 2023","format":false,"excerpt":"Textiles firm Trident Ltd reported a 32 per cent decline in consolidated profit after tax to INR 144 crore in the third quarter ended in December 2022. The company had posted a consolidated profit after tax of INR 211 crore in the same quarter previous fiscal, Trident Ltd said in\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":136387,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-q2fy23-results-out-net-profit-slumps-by-11\/","url_meta":{"origin":135722,"position":3},"title":"Muthoot Finance Q2FY23 results out: Net profit slumps by 11%","author":"Chirag Gupta","date":"November 10, 2022","format":false,"excerpt":"Muthoot Finance reported a net profit of INR 892 crore for the quarter ending September 30, 2022 (Q2FY23) period compared to a profit of INR 990 crore a year same quarter -- registering a decline of 11%. However, sequentially, the Q2 PAT climbed by 8.13% from INR 802 crore in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":135067,"url":"https:\/\/alphastreet.com\/india\/rbl-banks-reports-a-whopping-7-times-profit-growth-in-q2fy23\/","url_meta":{"origin":135722,"position":4},"title":"RBL Banks reports a whopping 7 times profit growth in Q2FY23","author":"Chirag Gupta","date":"October 24, 2022","format":false,"excerpt":"RBL Bank, a Midcap private sector lender reported a standalone profit of INR 201.55 crore for the September quarter of FY23, growing 6.5 times from the year-ago period on a low base. The profit in Q2FY22 was hit by higher provisions for bad loans, while the growth was almost flat\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":135007,"url":"https:\/\/alphastreet.com\/india\/tata-consumer-products-ltd-reported-its-q2fy23-earnings-net-profit-up-by-36\/","url_meta":{"origin":135722,"position":5},"title":"Tata Consumer Products Ltd reported its Q2FY23 earnings: Net profit up by 36%","author":"Chirag Gupta","date":"October 21, 2022","format":false,"excerpt":"On Thursday, Tata Consumer Product Ltd (TCPL) reported a 36.25 per cent rise in consolidated net profit at INR 389.43 crore for the second quarter. 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