Weak earnings, slow execution play spoilsport for Power Grid Corporation

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Other income surged 89 per cent Y-o-Y to ₹500 crore, but regulatory income dropped 62 per cent Y-o-Y to ₹42.5 crore.

Profit before tax (PBT) grew 4 per cent Y-o-Y to ₹4,900 crore, but higher taxes, up 38 per cent Y-o-Y to ₹1,100 crore, led to a 4 per cent Y-o-Y decline in net profit to ₹3,900 crore.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Corporate earnings Power grids Capitalisation Power Grid Corporation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 20:58:45 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 120 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26033588

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