{"id":285762,"date":"2019-08-03T05:40:20","date_gmt":"2019-08-03T05:40:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285762"},"modified":"2019-08-03T05:40:20","modified_gmt":"2019-08-03T05:40:20","slug":"pgcil-q1-fy20-profit-up-8-pct-to-rs-2428-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pgcil-q1-fy20-profit-up-8-pct-to-rs-2428-crore\/","title":{"rendered":"PGCIL Q1 FY20 profit up 8 pct to Rs 2,428 crore"},"content":{"rendered":"<p>Power Grid Corporation of India (PGCIL), the central transmission utility of the country, recorded a 8.3% year-on-year (y-o-y) rise in net profit to Rs 2,427.9 crore for the quarter ended June 30 as revenue from power transmission \u2014 its main business segment \u2014 grew 9.4% y-o-y to Rs 8,651.2 crore. PGCIL\u2019s tax expenses recorded a 39.8% fall to Rs 868.4 crore, contributing to higher profit.<\/p>\n<p>Earnings before interest taxes, depreciation and amortisation (Ebitda) was up by 10.5% to Rs 7,890.2 crore in the quarter from the same period a year ago as its \u2018other expenses\u2019 fell more than 45% to Rs 409.7 crore. The company\u2019s finance costs increased by 10.2% to Rs 2,359.1 crore while depreciation and amortisation expenses rose by 8.5% to Rs 2,659.1 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power Grid Corporation of India (PGCIL), the central transmission utility of the country, recorded a 8.3% year-on-year (y-o-y) rise in net profit to Rs 2,427.9 crore for the quarter ended June 30 as revenue from power transmission \u2014 its main business segment \u2014 grew 9.4% y-o-y to Rs 8,651.2 crore. PGCIL\u2019s tax expenses recorded a 39.8% fall to Rs 868.4 crore, contributing to higher profit. Earnings before interest taxes, depreciation and amortisation (Ebitda) was up by 10.5% to Rs 7,890.2 crore in the quarter from the same period a year ago as its \u2018other expenses\u2019 fell more than 45% to [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-285762","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285762"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285762\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}