Q1FY18 result expectations for Power Grid Corporation
DSIJ Intelligence / 01 Aug 2017
Gurgaon-based, state-owned electric utilities company, Power Grid Corporation of India, is going to announce its financial results for the quarter ended June 30, 2017.
Gurgaon-based, state-owned electric utilities company, Power Grid Corporation of India, is going to announce its financial results for the quarter ended June 30, 2017.
The stock has been trading marginally lower by 0.11% at around Rs 222.8 per share in the morning hour on Tuesday.
The company has been maintaining a healthy dividend payout of 23.25%. The stock has book value of Rs 96.06 per share and is trading at PE of 15.53.
Following is the result expectation for the company’s Q1FY18:
• PAT expected to rise by 22% at Rs 2,196.9 crore
• Sales may increase by 22.9% to Rs 7,519 crore
• EBITDA likely to rise 16.3% to Rs 6,466.3 crore
• Revenue seen at Rs 7,108 crore versus Rs 6,119 crore.
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