New Delhi: Power Grid Corporation of India (PowerGrid) reported a 3.52 per cent increase in its total net earnings to Rs 3,723.92 crore for the June quarter, primarily due to increased revenue.
The company reported a profit of Rs 3,597.16 crores for the previous year in a filing with the exchange.
In the quarter, the total revenue increased to Rs 11,279.59 crore from Rs 11,257.60 crore in the previous 2023-24 fiscal April-June quarter. The company decreased its costs to Rs 6,643.07 crore from Rs 6,688.51 crore in the corresponding quarter of the previous year.
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