Infrastructure investment trust IndiGrid Q3 profit up 27% to Rs 120 crore
India Grid Trust (IndiGrid) has posted 27 per cent rise in consolidated net profit at Rs 119.78 crore for December quarter 2022-23.
The infrastructure investment trust logged a net profit of Rs 94.38 crore in the year-ago period, as per a BSE filing.
Total income also increased to Rs 607.06 crore in the quarter from Rs 580.96 crore in the same period a year ago.
Board of Directors of IndiGrid Investment Managers Limited (IIML), acting in the capacity of investment manager to IndiGrid, on Wednesday approved distribution of Rs 3.30 per unit comprising Rs 2.8042 per unit in the form of interest and Rs 0.4958 per unit in the form of principal payment for the quarter.
