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Power Grid Q1 PAT seen up 3.4% YoY to Rs. 2,049.3 cr: Kotak

Net Sales are expected to increase by 13.4 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs. 8,145.5 crore, according to Kotak.

July 18, 2018 / 04:40 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 18) earnings estimates for the Utilities sector. The brokerage house expects Power Grid to report net profit at Rs. 2,049.3 crore up 3.4% year-on-year (up 11% quarter-on-quarter).


Net Sales are expected to increase by 13.4 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs. 8,145.5 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.7 percent Y-o-Y (up 8 percent Q-o-Q) to Rs. 7,047.3 crore.


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