Power Grid

Consolidated Profit of PowerGrid Crossed Rs12K Crore

(PowerGrid) recently posted a profit of Rs40,824 crore & Profit after tax is Rs 12,036 crore on the consolidated basis ended March 31, 2021. It has witnessed a growth rate of 6% & 9% respectively. Increase in profit of PowerGrid is due to many reasons and the profits are booming simultaneously. During the Financial year 2020-21, the Company incurred the Capital Expenditure of 11,284 crores and gained assets of 21,467 crore.