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Power Grid Corporation Of India standalone quarterly earnings rise 17.93%
Source: IRIS | 11 Feb, 2015, 06.51PM
Rating: NAN / 5 stars.
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Power Grid Corporation Of India said a steady growth in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 17.93% to Rs 12,289.10 million from Rs 10,420.40 million in the same quarter last year.

Net sales for the quarter rose 18.16% to Rs 43,536.20 million, compared with Rs 36,846 million for the prior year period.

Earnings per share for the quarter stood at Rs 2.35, registering 6.82% growth over previous year period.


Quarterly Results - Standalone (Rs in mn)
As at Dec - 14 Dec - 13 %Change
Net Sales 43,536.20 36,845.50 18.16
Net Profit 12,289.10 10,420.40 17.93
Basic EPS 2.35 2.20 6.82

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