Power Grid Corporation of India Limited reported its financial results for the quarter ending December 31, 2024 (Q3 FY25), reflecting consistent profitability despite a slight decline in revenue. The company’s revenue from operations stood at Rs 11,233 crore, down 2.7% compared to Rs 11,549 crore in Q3 FY24.
However, net profit improved, with the company posting Rs 3,861 crore in Q3 FY25, representing a 1.8% increase from Rs 3,793 crore in the year-ago period. The steady rise in profits was driven by effective cost control and robust operational performance.
Key financial highlights for Q3 FY25:
- Revenue from operations: Rs 11,233 crore, down 2.7% YoY (Q3 FY24: Rs 11,549 crore)
- Total income: Rs 11,743 crore, down 0.6% YoY (Q3 FY24: Rs 11,819 crore)
- Net profit: Rs 3,861 crore, up 1.8% YoY (Q3 FY24: Rs 3,793 crore)
Additionally, Power Grid declared a second interim dividend of Rs 3.25 per share for the financial year 2024-25. The record date for dividend eligibility is February 7, 2025, with the payment set for February 28, 2025.
The company’s financial resilience amid fluctuating market conditions demonstrates its ability to sustain shareholder returns and maintain operational stability.
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