PowerGrid Q2 results

Q2 net profit up 14% at Rs 2,141 crore

Power Grid Corporation of India Limited (PowerGrid), posted a net profit of Rs 2,141 crore for the second quarter of FY 2017-18 (July-September, 2017), an increase of 14 per cent against Rs 1,872 crore reported during the corresponding quarter ended September 30, 2016.
Net profit
The total income (turnover) for the second quarter (July-Sepember, 2017)rose to Rs 7,492c rore, up by 16 per cent from ₹ 6,480 crore in the corresponding year ago period. THe income for first half of financial year FY18 rose to Rs 14,882 crore, an increase of 17 per cent over Rs 12,739 crore reported last year.
On a standalone basis, PowerGrid had registered a net profit of ₹ 7,520 crore on a turnover of ₹ 26,581 crore in the FY 2016-17.
Standalone basis