IndiGrid Q1 Net Profit Jumps 28% to Rs 137 Cr

Jul 24, 2024 21:01

India Grid Trust (IndiGrid) reported a 28% increase in net profit to Rs 136.9 crore in Q1 FY24, driven by higher income. Total income rose to Rs 873.3 crore.

New Delhi, Jul 24 (PTI) Investment Manager to India Grid Trust (IndiGrid) on Wednesday posted a 28 per cent increase in net profit to Rs 136.9 crore during the June quarter, helped by higher income.

It had clocked Rs 107 crore profit in the year-ago period, the company said in a statement.

Its total income rose to Rs 873.3 crore during the first quarter of the ongoing fiscal year from Rs 654.5 crore a year earlier.

Expenses were at Rs 727.2 crore as against Rs 539.7 crore a year ago.

Source: PTI

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IndiGrid Q1 Net Profit Jumps 28% to Rs 137 Cr

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