Dhaka, Feb. 7 -- Power Grid Company has declared a 387 per cent growth in profit in the second quarter through December of FY25, compared to the same quarter of FY24, on higher energy transmission and a reduction in finance cost.

Its profit stood at Tk 3.98 billion in October-December last year. EPS stood at Tk 4.36 in the quarter, increased from Tk 1.15 per share a year earlier.

Due to higher demand for electricity in the country, the state-run power transmission company earned 15 per cent higher revenue year-on-year to Tk 6.8 billion in Q2, FY25.

This increase in profit not only came from the surge in revenue but also due to the cooling of the dollar crisis.

In the second quarter of FY25, the company's interest expense was Tk 1.72 b...