Power Grid profit drops 72% to Tk113cr in Oct-Dec

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Power Grid Bangladesh PLC, a state-owned power transmission firm, reported that its net profit dropped by 72% year-on-year to Tk113 crore in the October-December of FY26.

According to the company’s financial statement published on its website, its net profit dropped mainly due to high interest expense and low foreign exchange gain as well as rising transmission cost.

Besides, in the July-December of FY26, its net profit stood at Tk476 crore.

Source: The Business Standard

Read More at: csslbd.net

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