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Power Grid Q2 Results: PAT rises 5% YoY to Rs 3,834 crore; dividend declared at Rs 4/share

Revenue from operations, however, declined marginally by 0.5% on year to Rs 10,419.41 crore. The mainstay transmission business saw a 0.5% drop in revenue to Rs 10,359 crore. The consultancy business reported a 13% growth in revenue to Rs 157 crore. The operating profit, calculated as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose nearly 4% on year to Rs 9,207.32 crore. Operating margin improved 363 basis points to 88.37%. ....

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Power Grid shares tumble nearly 5% in morning trade

Power Grid Corporation of India Ltd on Monday posted over a 5 per cent decline in consolidated net profit to Rs 3,597.16 crore due to increased finance costs. ....

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Power Grid approves ₹4,071 crore transmission projects

The company recently announced the approval of two new investment projects that will drive renewable energy development in the country ....

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Maharatna CPSE Power Grid turning ex-dividend soon: Buy post Q3 results?

Power Grid Corporation of India Limited is a Schedule A , Maharatna Public Sector Enterprise of Govt. of India and has a market valuation of ₹1,49,867.60 Cr. ....

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Power Grid net profit drops marginally to ₹3,292 cr in December quarter

Power Grid Q3 results: The company s revenue from operations rose 3% to ₹10,447 crore during the reporting period ....

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