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IndiGrid’s Q1 Revenue Surges 32.7% on Strategic Acquisitions

The company’s portfolio now stands at 41 projects

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India Grid Trust (IndiGrid), a power infrastructure investment trust, reported that its first quarter revenue surged by 32.7% year-over-year, reaching ₹8.35 billion (~$99.7 million), up from ₹6.29 billion (~$75 million) in the same quarter last year, as the company’s recent acquisitions aided its topline growth.

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