Power Grid Corporation: Q1FY18 Result
DSIJ Intelligence / 01 Aug 2017
The company's total sales for Q1FY18 came in at Rs 7181.35 crore, which represents a 6.99 per cent sequential increase and 17.35 per cent YoY increase.
Power Grid Corporation reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 7181.35 crore, which represents a 6.99 per cent sequential increase and 17.35 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 4069.23 crore and its EBIT margin stood at 56.66 per cent.
The company reported PAT of Rs 2052.41 crore, which represents a sequential QoQ increase of 7.1 per cent and a YoY increase of 13.91 per cent.
The company's stock opened at Rs 224.45 on the BSE and recorded intra-day high and low of Rs 225.35 and Rs 221, respectively.
Power Grid Corporation of India, a central transmission utility, is engaged in the business of transmission of power in India. The company plans, coordinates, supervises, and controls inter-state transmission systems and operates national and regional power grids.
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