PGInvIT posts Rs 315 crore profit in Q2
The payment will be made on or before November 23, 2023.
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Infrastructure Investment Trust (PGInvIT) on Wednesday posted a consolidated net profit of Rs 315.51 crore for the September quarter of 2023-24. It had reported a loss of Rs 920.16 crore for the year-ago period, a BSE filing.
Total income dipped marginally to Rs 325.62 crore in the quarter from Rs 329.97 crore a year ago. The Board of Directors of POWERGRID Unchahar Transmission Ltd, the Investment Manager to PGInvIT, also declared a distribution of Rs 3 per unit for the quarter that ended September 30, 2023. The payment will be made on or before November 23, 2023.
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