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Power Grid Q4 cons net profit jumps by 24%-news29052012


Power Grid Corporation of India has announced the following results for the quarter & year ended March 31, 2012:


Standalone Results

The Un-Audited results for the Quarter ended March 31, 2012

    The net profit of the company jumped by 37.35% to Rs1031.69 crore for the quarter ended March 31, 2012 as compared to Rs751.12 crore for the quarter ended March 31, 2011.
    The total income of the company increased by 32.08% to Rs3408.78 crore for the quarter ended March 31, 2012from Rs2580.86 crore for the quarter ended March 31, 2011.

The Audited results for the Year ended March 31, 2012

    The net profit of the company surged by 20.69% to Rs3254.95 crore for the year ended March 31, 2012 as compared to Rs2696.89 crore for the year ended March 31, 2011.
    The total income of the company increased by 18.53% to Rs10785.01 crore ended March 31, 2012 from Rs9098.75 crore for the year ended March 31, 2011.

Consolidated Results

The Audited consolidated results for the Year ended March 31, 2012

    The net profit of the group advanced by 23.62% to Rs3302.99 crore for the year ended March 31, 2012 as compared to Rs2671.91 crore for the year ended March 31, 2011.
    The total income of the company increased by 19.42% to Rs11073.58 crore for the year ended March 31, 2012 from Rs9272.54 crore for the year ended March 31, 2011.

Power Grid Corporation of India closed at Rs107.60, up by 1.03%, with a volume of 3.98 lakh shares on the BSE.
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