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    POWERGRID posts Profit After Tax of Rs 16,824 crore


    May 26, 2022 - The Pioneer

     

      India, May 27 -- Power Grid Corporation of India Limited (POWERGRID), a Maharatna company under Ministry of Power, Government of India, has announced a PAT of Rs 4,156 crore for Q4FY22 on a consolidated basis which is 18 per cent increase over Q4FY21. The total income for Q4FY22 was Rs 11,068 crore compared to Rs 10,816 crore in the Q4 of the previous year.

      On a consolidated basis, the company posted PAT of Rs 16,824 crore and total income of Rs 42,698 crore for FY22 registering a YoY growth of 40 per cent and five per cent, respectively.

      The company has proposed a final dividend of 22.5 per cent in addition to first & second interim and special dividends aggregating to 125 per cent already paid for FY22. Published by HT Digital Content Services with permission from Pioneer. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com

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