{"id":316278,"date":"2020-01-24T12:16:13","date_gmt":"2020-01-24T06:46:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=316278"},"modified":"2020-01-24T12:31:25","modified_gmt":"2020-01-24T07:01:25","slug":"indigrid-q3-profit-jumps-over-2-folds-to-%e2%82%b9131-83-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigrid-q3-profit-jumps-over-2-folds-to-%e2%82%b9131-83-crore\/","title":{"rendered":"IndiGrid Q3 profit jumps over 2-folds to \u20b9131.83 crore"},"content":{"rendered":"<p>Infrastructure investment trust IndiGrid consolidated net profit jumped more than two folds to \u20b9131.83 crore in the quarter ended on December 31, 2019, mainly due to higher revenues.<\/p>\n<p>The company\u2019s consolidated net profit was \u20b951.51 crore in the October-December 2018, a BSE filing said.<\/p>\n<p>Revenues of the firm rose to \u20b9344.91 crore in the quarter from \u20b9172.72 crore in the year-ago period.<\/p>\n<p>The Board of Directors of Sterlite Investment Managers Ltd (SIML) acting in the capacity of Investment Manager of India Grid Trust (IndiGrid) has approved distribution of \u20b93 per unit (in the form of Interest) for the third quarter of 2019-20.<\/p>\n<p>IndiGrid said that it is on track to achieve its stated DPU (distribution per unit) guidance of \u20b912 for FY2019-20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infrastructure investment trust IndiGrid consolidated net profit jumped more than two folds to \u20b9131.83 crore in the quarter ended on December 31, 2019, mainly due to higher revenues. The company\u2019s consolidated net profit was \u20b951.51 crore in the October-December 2018, a BSE filing said. Revenues of the firm rose to \u20b9344.91 crore in the quarter from \u20b9172.72 crore in the year-ago period. The Board of Directors of Sterlite Investment Managers Ltd (SIML) acting in the capacity of Investment Manager of India Grid Trust (IndiGrid) has approved distribution of \u20b93 per unit (in the form of Interest) for the third quarter [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-316278","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/316278","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=316278"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/316278\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=316278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=316278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=316278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}