Power Grid Q1 profit falls 5.3%; Board approves bonus shares and fund raising - Moneycontrol.

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Moneycontrol News 31 Jul 2023 Moneycontrol

The company's Board also approved issue of bonus shares in the ratio of 1:3. Besides, it also approved to raise funds of up to Rs 12,000 crore in FY 2025 from the domestic market through bonds.

Power Grid Corporation of India Limited (PGCIL) on July 31 reported a 5.3 percent drop in consolidated net profit to Rs 3,597.16 crore in the April-June quarter, as against Rs 3,801.29 crore a year e…

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