News > IndiGrid reports another quarter of robust performance
IndiGrid reports another quarter of robust performance
26/01/2023 11:01 AM | Click to read full article
IndiGrid announced its results for the quarter ended December 31, 2022. The consolidated revenue and the consolidated EBITDA for the quarter was up 4% YoY in Q3 FY23 to ₹ 5,908 million and ₹ 5,360 million respectively. During the quarter, IndiGrid successfully completed its acquisition of an inter-state transmission asset, RSTPCL for an enterprise value of ~₹ 2,500 million. Including this acquisition, IndiGrid’s AUM at the end of the quarter remains steady at ~ ₹ 212 billion (~US$ 2.6 billion).