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Powergrid’s Q3 net rises 13.94%

This article was posted on Feb 3, 2008 and is filed under Press Releases

The Central Transmission Utility of the Country, Power Grid Corporation of India has reported a 13.94% rise in the net profit for the third quarter ended December 31,2007 at Rs. 384.28 crore as compared to Rs. 337.27 crore during the same Quarter in the previous year. The net profit of the Corporation including foreign exchange rate gain for the nine months ended December 31, 2007 rose to Rs.1207.68 crore from Rs. 794.53 crore, up by 52%.

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