Power Grid Corp of India's quarterly profit falls as project delays hurt transmission business
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2025
0mins
Source: Reuters
Fourth Quarter Profit Decline: Power Grid Corporation of India reported a 0.5% decline in fourth-quarter profit to 41.43 billion rupees, attributed to sector-wide delays in energy transmission projects, despite a 2.5% increase in revenue from operations.
Impact of Transmission Delays: The clean energy sector in India is experiencing setbacks due to delays in interstate transmission projects, which are affecting demand for tenders and leading to project cancellations, hindering efforts to meet the country's rising energy needs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
