Power Grid Of India (NSE:POWERGRID) Other Income (Expense) : ₹10,505 Mil (TTM As of Mar. 2024)

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What is Power Grid Of India Other Income (Expense)?

Power Grid Of India's other income expense for the Power Grid Of India's pretax income for the three months ended in Mar. 2024 was ₹3,890 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹10,505 Mil.

Power Grid Of India Other Income (Expense) Historical Data

The historical data trend for Power Grid Of India's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Power Grid Of India Other Income (Expense) Chart

Power Grid Of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Other Income (Expense)

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-9,609.70

1,729.80

38,346.50

9,204.10

10,504.70

Power Grid Of India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															2,185.30	2,043.80	2,250.80	2,320.00	3,890.10

Power Grid Of India Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹10,505 Mil.

Power Grid Of India (NSE:POWERGRID) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Power Grid Of India (NSE:POWERGRID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Power Grid Corp Of India Ltd (NSE:POWERGRID) » Definitions » Other Income (Expense)

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532898:India

Address

Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

https://www.powergrid.in

Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

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