India Grid Trust standalone net profit declines 88.67% in the March 2020 quarter

Sales rise 109.64% to Rs 313.56 crore

Net profit of India Grid Trust declined 88.67% to Rs 12.95 crore in the quarter ended March 2020 as against Rs 114.28 crore during the previous quarter ended March 2019. Sales rose 109.64% to Rs 313.56 crore in the quarter ended March 2020 as against Rs 149.57 crore during the previous quarter ended March 2019.

For the full year,net profit rose 132.35% to Rs 490.82 crore in the year ended March 2020 as against Rs 211.24 crore during the previous year ended March 2019. Sales rose 93.29% to Rs 1073.18 crore in the year ended March 2020 as against Rs 555.23 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales313.56149.57 110 1073.18555.23 93 OPM %31.5699.11 -74.0456.44 - PBDT13.09114.56 -89 496.52211.86 134 PBT13.09114.56 -89 496.52211.86 134 NP12.95114.28 -89 490.82211.24 132

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