Comments
Power Grid Corporation of India Ltd has reported a 9.87 per cent higher net profit at Rs 2,502.8 crore for the first quarter of financial year 2019-2020. The company had reported a Rs 2,277.87 crore net profit in the first quarter of the financial year 2018-2019.
The higher profit was in line with the Rs 9,361.72 crore total income reported during the quarter under review. This is 11.76 per cent higher than the Rs 8,376.48 crore total income reported by the company in the corresponding quarter of the preceding financial year.
Shares of PGCIL closed 1.73 per cent lower at Rs 210.35 a scrip on Friday.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.