POWERGRID has posted a net profit of ₹ 1613 crore for the quarter ended December 31, 2015, an increase of 31% over the profit of ₹ 1229 crore for the same quarter in the previous year. Total Income (turnover) for the third quarter rose to ₹ 5505 crore, up by 23% from ₹ 4486 crore in the corresponding year-ago period. For the nine month period (April – December, 2015), total Income and Profit After Tax were ₹ 15,320 crore and ₹ 4,428 crore respectively. An interim dividend of ₹ 0.80 per share (Face Value of the share of ₹ 10 each) was also declared by the Company.
On a standalone basis, POWERGRID had registered a net profit of ₹ 4979 crore on a turnover of ₹ 17,780 crore in the FY 2014-15.
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