Power Grid Corporation of India on May 19 reported an almost flat net profit of Rs 4,142.87 crore in the March quarter of FY25, compared to Rs 4,166.33 crore in the same period of the previous financial year, the stock filing said in a statement.
The company had posted a net profit of Rs 3,861.63 crore in the December quarter.
The revenue from operations jumped 2.48 percent in the reported quarter to Rs 12,275.35 crore from Rs 11,978.11 crore in the year-ago period.
Moreover, the company announced a final dividend of Rs 1.25 per equity share.
The company also announced the sale of entire stakes and exit from Torrent Power Grid Ltd and from Sikkim Power Transmission Ltd, both of which are joint venture firms with Torrent Power and Sikkim Urja respectively.
The stock of the company closed 1.35 percent higher at Rs 304.25 on NSE.
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