New Delhi : State-owned Power Grid Corporation of India Ltd (PGCIL) reported 20.54% rise in standalone net profit at Rs 1,448.04 crore for the quarter ended September on higher income from operations. Total income from operations rose by 17.6% to Rs 4,918.02 crore.
Central transmission utility’s revenue from transmission business increased to Rs 4,708.26 crore, against Rs 4,029.81 crore in the year-ago quarter.
Revenues from telecom segment stood at Rs 96.94 crore, compared with Rs 62.48 crore in the corresponding quarter of the previous fiscal. With regard to consultancy, revenues increased to Rs 99.35 crore from Rs 61.01 crore in the year-ago period. The company’s shares closed 2.06 % up at Rs 131.45 apiece on BSE.
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