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Last Updated : Feb 09, 2017 11:37 AM IST | Source: CNBC-TV18

Power Grid Q3 profit seen up 21%, capex & capitalisation key

Analysts expect steady quarter and say capitalisation worth Rs 31,300 crore in last four quarters may aid topline growth.


State-run power transmission utility Power Grid Corporation of India's third quarter profit is seen rising 21 percent year-on-year to Rs 1,960 crore and revenue may increase 20 percent to Rs 6,490 crore.


Operating profit is expected to jump 21 percent to Rs 5,804 crore and margin may expand 70 basis points to 89.4 percent compared with year-ago period, according to average of estimates of analysts polled by CNBC-TV18.


Analysts expect steady quarter and say capitalisation worth Rs 31,300 crore in last four quarters may aid topline growth.

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Key numbers to watch out for would be capex, and capitalisation that can be anywhere between Rs 4,200-8,000 crore for the quarter.



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First Published on Feb 9, 2017 11:28 am
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