Federal Grid Company-Rosseti's RAS net profit for 9 months of 2024 amounted to ₽2.39 billion, down multiple times from ₽458.8 billion in the previous year. Revenue rose 10.7% to ₽260.15 billion against ₽235.09 billion a year earlier.

Decision on payment of dividends by Russian Grids remains with the government, while the company is focused on the instruction not to pay them, said Andrei Ryumin, head of the company. Company has no additional sources of funds for investment, and capital-intensive projects are very difficult to finance, including in this regard, a decision was made two year...

Russian Grids Group plans to invest over ₽600 bln in the Far East's backbone complex in 2024-2029. Most of the funds will be used to supply electricity to the Eastern polygon.

Federal Grid Company-Rosseti's IFRS net profit for 6 months of 2024 amounted to ₽88.4 billion, down 28.7% from ₽123.9 billion in the previous year. Revenue increased 6.9% to ₽725.44 billion against ₽678.86 billion a year earlier.