4Q2024: Power Grid Corp's net profit dips 4% to Rs 4,166.33 crore due to marginal income decline.
State-owned Power Grid Corporation reported a 4% dip in consolidated net profit to Rs 4,166.33 crore in Q4 2024, mainly due to a marginal decline in income. The company reported a consolidated net profit of Rs 4,322.87 crore in the same quarter a year ago. Total income for the fiscal year 2024 rose to Rs 46,913.12 crore from Rs 46,605.64 crore in the year-ago period. The board recommended a final dividend of Rs 2.75 per share for the financial year 2023-24.
May 22, 2024
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