Power Grid’s Q2FY25 Quarter Results
Power Grid’s revenue grew 0.2% YoY
- 08 Nov 2024
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- Power Grid reported a 5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 2.7%.
- Its expenses for the quarter were down by 10% QoQ and 4.8% YoY.
- The net profit grew 1.9% QoQ and 0.3% YoY.
- The earnings per share (EPS) of Power Grid stood at 3.8 during Q2FY25.
Power Grid’s Financial Statements for Q2FY25:
| (₹ crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 11,530 | 11,280 | 11,846 | 5.0% | 2.7% |
Total expenses | 6,977 | 6,643 | 7,310 | 10.0% | 4.8% |
Profit before tax | 4,515 | 4,666 | 4,432 | -5.0% | -1.8% |
Tax | 574 | 879 | 884 | 0.6% | 54.2% |
Profit after tax | 3,781 | 3,724 | 3,793 | 1.9% | 0.3% |
Earnings per share | 4.2 | 4.1 | 3.8 |
Financials:
- Q2FY25 consolidated PAT was ₹3,793 crore and total income was ₹11,846 crore.
- Standalone PAT (including discontinued operations) for Q2 FY25 was ₹3,711 crore with total income of ₹11,383 crore.
- Total transmission assets include 1,78,195 km of transmission lines and 279 substations.
- Transformation capacity at the end of Q2FY25 stood at 5,37,276 MVA.
- POWERGRID won eight projects under TBCB with an estimated cost of ₹38,575 crore in Q2FY25.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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