Power Grid's net profit rises by 33%; shares up
Power Grid reported net profit of Rs 1801.77 crore for the quarter ended June 2016 (Q1FY17), a rise of 32.90% from Rs 1355.64 crore in the similar quarter of the previous year.
The top-line and bottome-line was boosted by transimission business and better EBITDA (earnings before interest tax depreciation and amortization). Photo: Pixabay