Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Electric Utilities sector. The brokerage house expects Power Grid to report net profit at Rs. 2,416.4 crore up 30.9% year-on-year (up 3.7% quarter-on-quarter).
Net Sales are expected to increase by 14.9 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs. 8,972.1 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.9 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 7,627.1 crore.
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Kotak - All Sectors Q4 Estimates
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