Power Grid Q2 PAT seen up 10.3% YoY to Rs. 2064.8 cr: Edelweiss
Net Sales are expected to increase by 15 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 7193.1 crore, according to Edelweiss.
Edelweiss has come out with its second quarter (July-September) earnings estimates for the Utilities sector. The brokerage house expects Power Grid to report net profit at Rs. 2064.8 crore up 10.3% year-on-year (up 0.6% quarter-on-quarter).
Net Sales are expected to increase by 15 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 7193.1 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 13 percent Y-o-Y (up 2.1 percent Q-o-Q) to Rs. 6332.7 crore.
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