Power Grid Q4 Results: Cons PAT rises 4% YoY to Rs 4,320 cr, Rs 4.75/share dividend declared

State-owned Power Grid Corporation of India Ltd on Friday reported a nearly 4% year-on-year (YoY) rise in consolidated net profit for the quarter ended March to Rs 4,320 crore.

Consolidated revenue for the quarter increased nearly 15% YoY to Rs 12,264 crore. The board has recommended a final dividend of Rs 4.75 a share for the financial year ended March.

For FY23, the company reported an 8.4% decline in the net profit to Rs 15,417.12 crore, despite a nearly 10% rise in the revenue to Rs 45,581.28 crore.