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.
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.
A lot of pure transmission and distribution (T&D) players are increasingly finding it difficult to cope up with the drop and possible slowdown in transmission capex, particularly in the conventional energy sector.
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.
Net Sales are expected to increase by 14.6 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 8,366 crore, according to ICICI Direct.
Net Sales are expected to increase by 17.7 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs. 7,897.5 crore, according to ICICI Direct.
Power Grid's Q2 earnings came bang in line with estimates with a mild surprise on margins despite higher employee costs. In an interview to CNBC-TV18's Yash Jain, IS Jha, CMD, Power Grid spoke about the results and his outlook for the company.
Net Sales are expected to increase by 15 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 7193.1 crore, according to Edelweiss.
Analysts expect Power Grid to commission assets amounting to Rs 6,000 crore (excluding TBCB) in Q1.
Net Sales are expected to increase by 12 percent Q-o-Q (up 22.9 percent Y-o-Y) to Rs 7519 crore, according to ICICI. Power Grid Corp to report net profit at 2196.9 crore up 21.9% year-on-year.
Analysts expect capitalisation of Rs 12,000-14,000 crore in Q4, driven by commissioning of Champa-Kurukshetra HDVC line.
Power Grid Corp is expecting a capex target of Rs 25,000 crore for fiscal year 2017-18, after it posted a stable set of earnings for the third quarter of FY17.
Analysts expect steady quarter and say capitalisation worth Rs 31,300 crore in last four quarters may aid topline growth.
Net Sales are expected to increase by 6.3 percent Q-o-Q (up 23.4 percent Y-o-Y) to Rs 6615.9 crore, according to Motilal Oswal.
Power Grid has kept a check on its operational costs by introducing automation in various operations, says Jha. He says the margins are cyclical in nature and may not sustain at current levels in the next quarter.
The company continues to gain orders from Power Grid and several State electricity boards. Although the company is very selective in participating in State orders. Railways, Sharma feels can also be another growth driver for the company.
In an interview with CNBC-TV18, IS Jha, Chairman and MD, Power Grid Corp of India, talked about the company's first quarter earnings and the company's order book position ahead.
During the period, EBITDA is seen up 25 percent at Rs 5168 crore versus Rs 4137 crore while margins may stand at 87.9 percent versus 87.7 percent year-on-year.
Sales are expected to increase by 5.0 percent Q-o-Q (up 28.2 percent Y-o-Y) to Rs 6049.6 crore, according to ICICI Securities.
Speaking to CNBC-TV18, Manish Mohnot, MD of Kalpataru said that gross margins will stay at around 10.5 percent levels and revenue is expected to grow by 25 percent in FY17.
On the timeline set for commissioning the Kurukshetra project, IS Jha, CMD of Power Grid said, first phase will certainly be commissioned by July-August this year.
CLSA also has a buy rating on Power Grid with a target price of 185 implying a 23 percent upside. It expects a strong earnings per share (EPS) CAGR of 16 percent over FY16-18.
The company reported 51.8 percent rise in total income to Rs 248 crore and operational efficiency improved to Rs 28 crore. The EBITDA margins expanded to 11.1 percent.
Operating profit is seen rising 26 percent to Rs 5,111 crore and margin may expand 100 basis points to 87.3 percent against corresponding period of last fiscal.
Vimal Kejriwal, MD & CEO of KEC International says KEC's Brazil business was impacted due to the currency issues.