PGInvIT reports loss of Rs 4,464.10 million in 2022-23

Powergrid Infrastructure Investment Trust (PGInvIT) has recorded a net loss of Rs 4,464.10 million during the financial year 2022-23, as compared to the net profit of Rs 4,633.14 million recorded in the previous year.

The company’s consolidated total income has increased by 5.78 per cent to Rs 13,152.91 million in 2022-23 from Rs 12,434.13 million during 2021-22.