By IANS
New Delhi : Central transmission utility Power Grid Corp of India Ltd (PGCIL) has posted after-tax profit of Rs.3.8 billion ($97 million) in the Oct-Dec quarter of fiscal 2007-08, showing 13.9 percent growth over the corresponding period last year, the company said Wednesday.
PGCIL’s total income rose by 18.7 percent to Rs.11.9 billion.
“The company has posted a profit after tax of Rs.3.8 billion for the quarter ended December 31, 2007 as compared to Rs.3.4 billion for the quarter ended December 31, 2006,” the company said.
“Total income has increased from Rs.10.04 billion for the quarter ended December 31, 2006 to Rs.11.94 billion for the quarter ended December 31, 2007,” PGCIL said.
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