{"id":578497,"date":"2023-05-22T12:01:56","date_gmt":"2023-05-22T06:31:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=578497"},"modified":"2023-05-22T12:01:56","modified_gmt":"2023-05-22T06:31:56","slug":"power-grid-q4-profit-shrinks-2-5","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-grid-q4-profit-shrinks-2-5\/","title":{"rendered":"Power Grid Q4 profit shrinks 2.5%"},"content":{"rendered":"<p>Power Grid Corporation of India (Power Grid) on Friday reported a 2.5% decline in its standalone net profit to Rs 4,214.40 crore in the quarter ending March, as per its filing of financial results with the BSE.<\/p>\n<p>The state-run company, which is into transmission, distribution and trading of energy, saw a 12.5% hike in its revenue from operations to Rs 11,494.90 crore in Q4FY23 y-o-y. Its shares closed at Rs 233.80, down 0.64%, on BSE.<\/p>\n<p>For full FY23, Power Grid saw a 10% decline in net profit to Rs 15,333.02 crore as against Rs 17,093.76 crore in the previous fiscal. However, revenue from operations went up 8.5% to Rs 43,343.05 crore in FY23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power Grid Corporation of India (Power Grid) on Friday reported a 2.5% decline in its standalone net profit to Rs 4,214.40 crore in the quarter ending March, as per its filing of financial results with the BSE. The state-run company, which is into transmission, distribution and trading of energy, saw a 12.5% hike in its revenue from operations to Rs 11,494.90 crore in Q4FY23 y-o-y. Its shares closed at Rs 233.80, down 0.64%, on BSE. For full FY23, Power Grid saw a 10% decline in net profit to Rs 15,333.02 crore as against Rs 17,093.76 crore in the previous fiscal. [&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":[130,240,138],"tags":[],"class_list":["post-578497","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\/578497","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=578497"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578497\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=578497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=578497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=578497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}