Power Grid Corporation of India Q4 PAT seen up 47.1% YoY to Rs. 2,948.8 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Power Grid Corporation of India to report net profit at Rs. 2,948.8 crore up 47.1% year-on-year (up 26.5% quarter-on-quarter).

Net Sales are expected to increase by 3.5 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 8,084.8 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.5 percent Y-o-Y (down 3.9 percent Q-o-Q) to Rs. 7,277.5 crore.

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