https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Power Grid Corporation Records A Net Profit Of Rs 15,573 Crores For FY’24

Power Grid proposed a final dividend of 27.50% in addition to first and second interim dividends of Rs 8.50/- per share
Indian Masterminds Stories

Amidst a recent development, the Maharatna PSU Power Grid Corporation of India Limited (PGCIL) announced its financial results for the period ending fourth quarter (Q4 FY24) where it showed a net profit of Rs 4,128 crores and total income of Rs 12,254 crores. On a consolidated basis, the company has reported a net profit of Rs 4,166 crores and total income of Rs 12,305 crores.

For FY’24, on standalone basis, the company posted net profit of Rs 15,475 crores and total income (including discontinued operations) of Rs 46,215 crores. On a consolidated basis, the company posted net profit of Rs 15,573 crores and a total income of Rs 46,913 crores.

In FY24, the Power Grid along with its subsidiaries added 19,720 MVA transformation capacity, 6 sub-stations and 4,036 circuit kilometres of transmission lines. Power Grid has successfully commissioned its five tariff-based competitive bidding (TBCB) subsidiaries i.e POWERGRID Ramgarh Transmission Limited, POWERGRID Bikaner Transmission System Limited, POWERGRID Meerut Simbhavali Transmission Limited, POWERGRID Gomti Yamuna Transmission Limited and POWERGRID Neemuch Transmission System Limited.

The Maharatna PSU proposed a final dividend of 27.50% (Rs 2.75 per share on a face value of Rs 10/- each) in addition to first and second interim dividends of Rs 8.50/- per share already paid for the FY’24. The total dividend for the year thus amounts to Rs 11.25 per share which is 1.69 percent higher than that of previous year total dividend, adjusted of bonus issue.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Coconut
Gujarat Emerges as a Leading Coconut-Producing State with Over 26 Crore Units This Year, State-backed Programs Making Difference
Bihar Road
Bihar Secures Rs 675 Crore CRIF Approval for Road Projects Across Eight Districts, Centre & State Govt Collaborate To Develop Infra
Pushkar Singh Dhami CM
CM Pushkar Dhami Highlights Role of Women in Uttarakhand’s Decade of Progress, Highlights Improvement in Maternal Mortality Rate
Uttarakhand news
Uttarakhand CM Pushkar Singh Dhami Launches Key Educational & Infrastructure Projects, New Teachers To Be Appointed For Tribal Schools
National Mobility Summit 2025,
Gujarat Organizes National Mobility Summit 2025, Showcasing Green and Smart Transport- Key Details Inside
Chhattisgarh News
Chhattisgarh CM Vishnu Sai Inaugurates Rs 66.84 Crore Development Projects in Kharsia, Railway Overbridge To Be Constructed To Ease Traffic
Jharkhand News
Jharkhand to Establish Tourism Authority for Better Civic Amenities at Major Destinations, Rural Economy Boost Anticipated
Passing out Parade Gaya
Passing Out Parade at OTA Gaya, Commissions 207 New Officers into Indian Army
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
WhatsApp Image 2025-08-25 at 13.56
Operation Hunt: IPS Dr. Karanraj Vaghela’s Mission to Nab Valsad’s Most Wanted
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Coconut
Gujarat Emerges as a Leading Coconut-Producing State with Over 26 Crore Units This Year, State-backed Programs Making Difference
Bihar Road
Bihar Secures Rs 675 Crore CRIF Approval for Road Projects Across Eight Districts, Centre & State Govt Collaborate To Develop Infra
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
WhatsApp Image 2025-08-25 at 13.56
ADVERTISEMENT
ADVERTISEMENT