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IndiGrid’s Q2 FY 2024 Profits Plummet to $388.91 Million, Down 69.1% YoY

The company's revenue surges 20% YoY to ₹6.95 billion

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India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹32.3 billion (~$388.91 million) during the second quarter (Q2) of the financial year (FY) 2024, a year-over-year (YoY) decrease of 69.1% from ₹107.4 billion (~$1.29 billion).

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