Powergrid reports profit of Rs 154.17 billion in 2022-23

Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 154.17 billion during the financial year 2022-23, registering a decline of 8.36 per cent over the net profit of Rs 168.24 billion recorded in the previous year.

The company’s consolidated total income has increased by 9.15 per cent to Rs 466.06 billion in 2022-23 from Rs 426.98 billion during 2021-22.