Shares of Power Grid Corporation of India gained along with the broader market as investors took heart from a rise in revenues in the third quarter of the current financial year, even as net profit registered a mild year-on-year decline in the period under review.
The largest power transmission company in the country reported a consolidated net profit of Rs 3,293 crore, a 2.2 per cent decline from Rs 3,368 crore reported in the same quarter a year ago, reports said.