Powergrid reports profit of Rs 35.97 billion during quarter ended June 2023

Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs 35.97 billion during quarter ended June 2023, recording a decrease of 5.37 per cent as compared to the net profit of Rs 38.01 billion recorded in the previous year.

The company’s consolidated total income has increased by 0.8 per cent to Rs 112.58 billion during quarter ended June 2023 from Rs 111.69 billion recorded in the corresponding period of previous year.