Comments
State-owned central transmission utility Power Grid Corporation of India (PGCIL) has reported a 23 per cent increase in its standalone net profit at Rs 807.11 crore for the quarter ending June 2012 against the same period last year.
However, on a sequential basis, the company reported a drop in net profit (from Rs 1,039.61 crore in the March 2012 quarter.)
Revenues were up 31 per cent at Rs 2,888.25 crore for the April-June 2012 quarter (Rs 2,202.49 crore).
On Wednesday, the company scrip closed marginally down at Rs 110.55 on BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.