PGInvIT posts Rs 315 cr profit in Q2
- Country:
- India
POWERGRID Infrastructure Investment Trust (PGInvIT) on Wednesday posted a consolidated net profit of Rs 315.51 crore for September quarter 2023-24.
It had reported a loss of Rs 920.16 crore for the year-ago period, a BSE filing.
Total income dipped marginally to Rs 325.62 crore in the quarter from Rs 329.97 crore a year ago.
Board of Directors of POWERGRID Unchahar Transmission Ltd, the Investment Manager to PGInvIT, also declared distribution of Rs 3 per unit for the quarter ended September 30, 2023.
The payment will be made on or before November 23, 2023.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Google News