Power Grid shares in focus after co posts 4% YoY drop in Q3 profit, declares Rs 3.25/sh dividend

Power Grid Corporation of India reported a 4% year-on-year decline in net profit for the December 2024 quarter to Rs 3,861.63 crore. Total income also saw a slight decrease, while expenses were reduced. The company announced a second interim dividend and approved a significant investment project. Power Grid Corporation of India reported a 4% year-on-year decline in net profit for the December 2024 quarter to Rs 3,861.63 crore. Total income also saw a slight decrease, while expenses were reduced. The company announced a second interim dividend and approved a significant investment project.  Economic Times