PowerGrid PAT up 41.62pc at Rs 651.4 cr in July-Sep

State-run transmission utility PowerGrid Corp today reported a growth of 41.62 per cent in profit after tax of Rs 651.4 crore for the quarter ended on September 30, 2010.

NEW DELHI: State-run transmission utility PowerGrid Corp today reported a growth of 41.62 per cent in profit after tax of Rs 651.4 crore for the quarter ended on September 30, 2010.

The company had a profit after tax of Rs 459.97 crore in the same period in 2009-10.

Total revenues of the company were up by 23.44 per cent at Rs 2,222.97 crore from Rs 1,800.9 crore in the three-month period a year ago, the company said in a filing to BSE.

The company's profit in the first half of this fiscal (April to September) increased by 34.57 per cent at Rs 1,354.58 crore against Rs 1,006.58 crore in the six month period in 2009-10.
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