PSU Q3 results: Power Grid and BoB profits rise
after close1 source ↓written by the desknot a recommendation
- 6.8% YoY
- 4.5% YoY increase
Power Grid Corporation of India Ltd (PGCIL) reported a net profit of ₹4,160 cr, up 6.8% YoY, with a dividend of ₹3.25 per share announced. Bank of Baroda (BoB) also showed strong performance, posting a net profit of ₹5,055 cr, a 4.5% YoY increase, and improved asset quality with gross NPA at 2.04%. These results may boost investor sentiment in the PSU sector.
Not investment advice. For informational purposes only.