Power Grid Corporation Of India standalone quarterly earnings rise 17.93%
Source: IRIS | 11 Feb, 2015, 06.51PM
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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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