Power Grid returns to profit in FY26 despite weak operating performance
Bangladesh, Nov. 10 -- Power Grid has reported a profit of Tk 4.58 billion in FY26, marking a strong turnaround from losses in three consecutive years, largely driven by fixed income and lower finance costs.
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The state-owned sole electricity transmission entity recorded a foreign-exchange gain of Tk 3.33 billion in FY26, against a loss of Tk 9.34 billion in the previous financial year, reflecting relative stability in the foreign-exchange market.
The foreign-exchange gain or loss was calculated using the exchange rates of the US dollar and the euro prevailing on the last day of the financial year. The favourable exchange-rate movements helped the company book a transaction gain during the year, according to its earnings no...
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