B. Karthick
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to Kences1
Power Grid Corporation of India today reported a rise of 16.71 per
cent in its net profit of Rs 1,690.61 crore for the year-ended March
31, 2009, over the same period last year.
The company had a net profit of Rs 1,448.47 crore in the same period
ended March 2008, Power Grid Corporation of India said in a filing to
the Bombay Stock Exchange.
Total revenue from operations rose to Rs 6,675.85 crore for the period
ended March 2009, from Rs 4,702.47 crore in the same period last year.
The board has proposed a dividend of Rs 0.70 a piece.
Shares of Power Grid Corporation of India yesterday settled at Rs
122.50, up 0.29 per cent on the BSE.