Powergrid Q2 net profit rises 9% to Rs 2571.10 cr

| | New Delhi
  • 0

Powergrid Q2 net profit rises 9% to Rs 2571.10 cr

Friday, 08 November 2019 | PNS | New Delhi

Powergrid Q2 net profit rises 9% to Rs 2571.10 cr

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Enterprise under Ministry of Power, Government of India, has posted a net profit of Rs 2571.10 crore for the second quarter of FY 2019-20 (Jul- Sep, 2019), an increase of 9% against Rs 2348.25 crore reported during the corresponding quarter ended September 30, 2018.

Total Income (Turnover) for second quarter (Jul-Sep, 2019) rose to Rs 9260.46 crore, up by 6% from Rs  8718.20 crore in the corresponding quarter ended September 30, 2018.

Total Income for first half of financial year 2019 - 20 rose to Rs 18622.18 crore, an increase of 9% over Rs 17094.68 Crore reported during the corresponding half year ended September 30, 2018.

On a standalone basis, POWERGRID had registered a net profit of Rs 4955.03 crore on a total Income (turnover) of Rs 18411.55 Crore during the half year ended September 30, 2019.

POWERGRID’s physical assets as on September 30, 2019 include more than 160,937 ckm Transmission Lines, 244 Sub-Stations with transformation capacity of more than 383,273 MVA.

State Editions

CM Das calls for JMM free Kolhan

17 November 2019 | PNS | Ranchi

BJP releases another list, AJSU stands firm

17 November 2019 | Pranav Pratyush | Ranchi

‘Govt is working towards women’s empowerment'

17 November 2019 | Staff Reporter | Bhopal

‘No Cabinet expansion in State in near future’

17 November 2019 | Staff Reporter | Bhopal

In briefS

17 November 2019 | PNS | Ranchi

44 in fray from Garhwa, Bhawnathpur seats

17 November 2019 | PNS | Ranchi

Sunday Edition

From the Kehwa Khanas to the Socials

17 November 2019 | Excerpt | Agenda

The Mystic pillars that unveiled a great king

17 November 2019 | Somen Sengupta | Agenda

Guru Nanak’s guide to leading a virtuous life

17 November 2019 | Excerpt | Agenda

Champions of Earth

17 November 2019 | Shalini Saksena | Sunday Pioneer

Talktime | ‘A star abused me on sets’

17 November 2019 | MUSBA HASHMI | Sunday Pioneer

DIFFerent experience

17 November 2019 | Shalini Saksena | Sunday Pioneer