Power Grid Q4 net rises 20 percent at Rs.1,412 crore

By Editor


New Delhi, May 30  State-run Power Grid Corp on Saturday reported a 20 percent rise in its standalone net profit at Rs.1,412.48 crore for the forth quarter ended March as compared to Rs.1,175.84 crore in the same quarter of the previous fiscal.

According to a Power Grid filing to the stock exchange, for the entire fiscal 2014-15, the company’s consolidated net profit rose to Rs.5,046.25 crore from Rs.4,547.58 crore in the previous fiscal.

Consolidated total income during 2014-15 increased to Rs.18,233.04 crore from Rs.16,146.12 crore for 2013-14.

The board of the transmission utility has recommended a final dividend of Rs.1.31 per share.


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