{"id":150494,"date":"2023-07-31T02:34:12","date_gmt":"2023-07-31T06:34:12","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150494"},"modified":"2023-07-31T02:34:16","modified_gmt":"2023-07-31T06:34:16","slug":"india-grid-trust-q1fy24-29-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/india-grid-trust-q1fy24-29-rise-in-profits\/","title":{"rendered":"India Grid Trust Q1FY24; 29% rise in Profits"},"content":{"rendered":"<p>India Grid Trust (IndiGrid) is the India&#8217;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.<br \/>The Trust primarily acquires operational transmission SPVs (Special Purpose Vehicles) from a Sponsor or from a third party.<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>India Grid Trust reported Revenues for Q1FY24 of \u20b9653.00 Crores up from \u20b9573.00 Crore year on year, a rise of 13.96%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9540.00 Crores up from \u20b9498.00 Crores year on year, a rise of 8.43%.<\/li>\n<li>Consolidated Net Profit of \u20b9107.00 Crores up 28.92% from \u20b983.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.49, up 28.45% from \u20b91.16 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-401-839x1024.png\" alt=\"\" class=\"wp-image-150495\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-401-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-401-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-401-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-401-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-401.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*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.<br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>India Grid Trust (IndiGrid) is the India&#8217;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 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"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],"tags":[11986],"class_list":["post-150494","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-invit"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150690,"url":"https:\/\/alphastreet.com\/india\/power-grid-corporation-of-india-ltd-q1fy24-5-fall-in-profits\/","url_meta":{"origin":150494,"position":0},"title":"Power Grid Corporation of India Ltd Q1FY24; 5% fall in Profits","author":"Karan_Singh","date":"August 1, 2023","format":false,"excerpt":"Power Grid Corporation of India Limited is a Maharatna CPSU and India\u2019s 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\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\/08\/image-15.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154106,"url":"https:\/\/alphastreet.com\/india\/ge-t-367-rise-in-profits\/","url_meta":{"origin":150494,"position":1},"title":"GE T&#038;D India Ltd Q1FY24; 367% rise in Profits","author":"Hardik Bhandare","date":"August 16, 2023","format":false,"excerpt":"GE T&D is the listed entity of GE\u2019s Grid Solutions business in India. It has been in the power transmission and distribution business for more than 100 years and provides a versatile range of solutions for connecting and evacuating power from generation sources onto the grid. Financial Results: GE T&D\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\/08\/image-1134.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1134.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1134.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1134.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1134.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1134.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154072,"url":"https:\/\/alphastreet.com\/india\/national-highways-infra-trust-q1fy24-32-rise-in-profits\/","url_meta":{"origin":150494,"position":2},"title":"National Highways Infra Trust Q1FY24; 32% rise in Profits","author":"Karan_Singh","date":"August 16, 2023","format":false,"excerpt":"Financial Results: National Highways Infra Trust reported Revenues for Q1FY24 of \u20b9236.00 Crores up from \u20b9137.00 Crore year on year, a rise of 72.26%. Total Expenses for Q1FY24 of \u20b9171.00 Crores up from \u20b981.00 Crores year on year, a rise of 111.11%. Consolidated Net Profit of \u20b983.00 Crores up 31.75%\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\/08\/image-1124.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1124.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1124.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1124.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1124.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1124.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150621,"url":"https:\/\/alphastreet.com\/india\/adani-transmission-ltd-q1fy24-8-rise-in-profits\/","url_meta":{"origin":150494,"position":3},"title":"Adani Transmission Ltd Q1FY24; 8% rise in Profits.","author":"Divyansh_Kasana","date":"July 31, 2023","format":false,"excerpt":"Adani Transmission Limited (ATL) belongs to the Adani Group. The Co is a private sector power transmission and distribution company engaged in the business of establishing, commissioning, setting up, operating and maintaining electric power transmission systems in India. Financial Results: Adani Transmission Ltd reported Revenues for Q1FY24 of \u20b93,664.00 Crores\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\/07\/image-444.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-444.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-444.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-444.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-444.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-444.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153330,"url":"https:\/\/alphastreet.com\/india\/industrial-investment-trust-ltd-q1fy24-60-fall-in-profits\/","url_meta":{"origin":150494,"position":4},"title":"Industrial Investment Trust Ltd Q1FY24; 60% fall in Profits","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Industrial Investment Trust Ltd is a registered NBFC Company established in 1933. It is primarily a Holding company, holding investments in its subsidiaries and other group companies. The Company is engaged in the business of Investment in equity shares quoted as well as unquoted, mutual funds, Fixed deposits with renowned\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\/08\/image-883.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-883.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-883.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-883.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-883.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-883.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153112,"url":"https:\/\/alphastreet.com\/india\/india-power-corporation-ltd-q1fy24-5-rise-in-profits\/","url_meta":{"origin":150494,"position":5},"title":"India Power Corporation Ltd Q1FY24; 5% rise in Profits","author":"Divyansh_Kasana","date":"August 11, 2023","format":false,"excerpt":"Incorporated in 1919, India Power Corporation Ltd is engaged in business of Power Distribution, Renewable Power Generation and Smart Grid. Financial Results: India Power Corporation Ltd reported Revenues for Q1FY24 of \u20b9172.18 Crores up from \u20b9143.71 Crore year on year, a rise of 19.81%. Total Expenses for Q1FY24 of \u20b9175.24\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\/08\/image-811.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-811.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-811.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-811.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-811.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-811.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=150494"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150494\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=150494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=150494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=150494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}