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Indigrid Q1 net profit grows to Rs 137 cr

BNE News Desk , July 25, 2024
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New Delhi: The Investment Manager of India Grid Trust (IndiGrid) reported a 28 per cent rise in net profit to Rs 136.9 crore in the June quarter, supported by increased revenue.

The company reported a profit of Rs 107 crore in the same period last year, according to a statement. During the first quarter of the current fiscal year, its overall earnings increased to Rs 873.3 crore, up from Rs 654.5 crore in the previous year.

Expenditure totaled Rs 727.2 crore, compared to Rs 539.7 crore in the previous year.