Power Grid Corporation Q4 Results 2022: Net Profit rose by 17.86% for Q4FY22

Power Grid Corporation Q4 Results 2022

Corporate Actions
by Shreya Anaokar Last Updated: May 27, 2022, 10:55 AM IST

On 21st May 2022,  Power Grid Corporation announced its quarterly results for the last quarter of FY2022.

Key Highlights:

Q4FY22:

- Power Grid Corporation reported a Net Profit before Exceptional Items and Tax at Rs.3764.78 Crores for Q4FY22 from Rs.4258.51 Crores in Q4FY21, a decline of 11.59%

- The company's revenue from operations rose 2.32% to Rs.11067.94 Crores in the quarter under review from Rs.10816.33 Crores in the same quarter last fiscal.

- Power Grid Corporation reported a net profit of Rs.4156.44 Crores from Rs.3526.33 Crores in Q4FY21, a growth by 17.86% 

 

FY2022: 

- The company reported Net Profit before Exceptional Items and Tax at Rs.16289.31 Crores for FY2022 from Rs.16579.35 Crores in FY2021, with a decline of 1.75%

- The company's revenue from operations rose by 4.59% to Rs.42697.9 Crores for the year from Rs.40823.53 Crores in FY2022.

- Power Grid Corporation reported a Net profit of Rs.16824.07 Crores with a growth of 39.77% YoY.

The board of the company has declared an interim dividend of Rs 12.50 per share for the financial year 2021-22.

Power Grid Corporation

 

About the Author

Shreya Anaokar is a Content Writer at 5paisa. She has completed her Master’s in Finance and Graduation in Statistics from the University of Mumbai. She has her own website where she posts blogs related to Personal and Behavioral Finance.

Disclaimer

Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.
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