Power Grid Q2 PAT seen up 13% YoY to Rs. 2,610.3 cr: Kotak

Net Sales are expected to increase by 2.6 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 8,912.3 crore, according to Kotak.

October 11, 2019 / 02:51 PM IST
 
 
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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Electric Utilities sector. The brokerage house expects Power Grid to report net profit at Rs. 2,610.3 crore up 13% year-on-year (up 7.5% quarter-on-quarter).


Net Sales are expected to increase by 2.6 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 8,912.3 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.1 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 7,974.8 crore.


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