IndiGrid’s Q1 FY24 Profit Exceeds ₹1 Billion, Marking ~29% YoY Growth

The company’s revenue grew to ₹6.29 billion in Q1 FY24, a 12% YoY increase

August 1, 2023

/ Markets & Policy, Other, Renewable Energy

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India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹1.07 billion (~$13 million) for the first quarter (Q1) of the financial year (FY) 2024, a year-over-year (YoY) increase of 28.8% from ₹830.72 million (~$10 million).

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Gautamee Hazarika

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IndiGrid’s Q1 FY24 Profit Exceeds ₹1 Billion, Marking ~29% YoY Growth

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