POWERGRID InvIT's net profit falls 10% to Rs 190 crore
POWERGRID Unchahar Transmission Ltd, the investment manager to the PGInvIT, announced an income distribution of Rs 3 per unit to the unit holders for the June quarter.
POWERGRID Infrastructure Investment Trust on Thursday reported a 10 per cent decline in consolidated net profit at Rs 190.90 crore in the June quarter.
The consolidated net profit of POWERGRID Infrastructure Investment Trust (PGInvIT) was at Rs 213.88 crore in the quarter ended June 30, 2022, according to a BSE filing.
Total income in the first quarter of the current fiscal declined to Rs 321.06 crore from Rs 331.38 crore in the same period a year ago.
POWERGRID Unchahar Transmission Ltd, the investment manager to the PGInvIT, announced an income distribution of Rs 3 per unit to the unit holders for the June quarter.
It will comprise Rs 2.03 per unit as interest, Rs 0.20 per unit as taxable dividend, Rs 0.24 per unit as exempt dividend, Rs 0.52 per unit as repayment of special purpose vehicle (SPV) debt and Rs 0.01 per unit as treasury income.
The payment will be made by August 11, the filing said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Gold and Silver rate today (May 14, 2024): Precious metals trade in green; yellow metal above Rs 72,000 once again, white metal near Rs 85,350
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
08:06 PM IST