Power Grid Corporation of India reported a consolidated net profit of ₹3,724 crore for the first quarter of FY 2024-25, reflecting a 3.5% increase from ₹3,597 crore in the same period last year. Despite the profit growth, the company's revenue declined by 0.4% to ₹11,006 crore. The results were attributed to a decrease in expenses. In contrast, a different report indicated a profit drop of 4% year-on-year to ₹3,412 crore, highlighting discrepancies in the reporting. The financial results were released for the quarter ending June 30, 2024.