Moneycontrol PRO
Loans
Loans
HomeNewsBusinessEarningsPower Grid Q4 Result: Net profit rises 18% to Rs 4,156 crore

Power Grid Q4 Result: Net profit rises 18% to Rs 4,156 crore

Its total income during January-March increased to Rs 11,067.94 crore compared to Rs 10,816.33 crore recorded in the corresponding period of FY21.

May 21, 2022 / 19:37 IST
The company's consolidated net profit stood at Rs 3,526.23 crore in the year-ago quarter, Power Grid Corporation of India Ltd (PGCIL) said in a BSE filing.

State-owned Power Grid Corporation of India Ltd on Saturday posted about 18 per cent rise in its consolidated net profit at Rs 4,156.44 crore for the March 2022 quarter, backed by higher income.

The company's consolidated net profit stood at Rs 3,526.23 crore in the year-ago quarter, Power Grid Corporation of India Ltd (PGCIL) said in a BSE filing.

Its total income during January-March increased to Rs 11,067.94 crore compared to Rs 10,816.33 crore recorded in the corresponding period of FY21. The expenses during the quarter were at Rs 6,715.21 crore as against Rs 6,208.39 crore a year ago.

PTI
first published: May 21, 2022 07:37 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347