Central Transmission Utility of the country, Power Grid Corporation of India Limited (POWERGRID) posted a net profit of Rs 1,367 crore for Q1FY2015-16, an increase of 20 per cent against Rs 1,137 crore reported during the corresponding quarter ended June 30, 2014. Total Income for Q1 rose to Rs 4,788 crore, up by 17 per cent from Rs 4,075 crore in the corresponding year-ago period. On a standalone basis, POWERGRID registered a net profit of Rs 4,979 crore on a turnover of Rs 17,780 crore in FY2014-15.
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