{"id":367485,"date":"2020-08-13T11:17:43","date_gmt":"2020-08-13T05:47:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367485"},"modified":"2020-08-13T11:17:43","modified_gmt":"2020-08-13T05:47:43","slug":"power-grids-q1-profit-falls-18-pc-to-%e2%82%b92048-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-grids-q1-profit-falls-18-pc-to-%e2%82%b92048-cr\/","title":{"rendered":"Power Grid&#8217;s Q1 profit falls 18 pc to \u20b92,048 cr"},"content":{"rendered":"<p>NEW DELHI : Government-owned Power Grid Corporation has posted 18 per cent fall in its consolidated profit after tax of \u20b92,048 crore during the April to June quarter.<\/p>\n<p>In Q1 FY20, the profit after tax stood at \u20b92,503 crore. However, its revenue from operations in Q1 FY21 went up to \u20b99,457 crore from \u20b99,180 crore in the same period of the previous year.<\/p>\n<p>During the quarter ended June, the company recognised as an exceptional item the one-time consolidated rebate of \u20b91,075 crore to distribution companies and power departments of states and union territories.<\/p>\n<p>This was for passing on the benefit to end-consumers on account of Covid-19 pandemic against the billing of April and May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Government-owned Power Grid Corporation has posted 18 per cent fall in its consolidated profit after tax of \u20b92,048 crore during the April to June quarter. In Q1 FY20, the profit after tax stood at \u20b92,503 crore. However, its revenue from operations in Q1 FY21 went up to \u20b99,457 crore from \u20b99,180 crore in the same period of the previous year. During the quarter ended June, the company recognised as an exceptional item the one-time consolidated rebate of \u20b91,075 crore to distribution companies and power departments of states and union territories. This was for passing on the benefit [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-367485","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367485","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367485"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367485\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}