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IndiGrid Steps Up Quarterly Distribution By 6% Yoy; Stock Ends Higher

Q1FY22 Revenue and EBITDA up 53% yoy on the back of acquisitions and steady operations. IndiGrid on Friday, India’s first power sector InvIT, announced its results for the quarter ended June 30, 2021. The consolidated revenue grew by 53% yoy in Q1FY22 at Rs5542 million supported by acquisitions worth Rs75 billion over the last year. […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ