NIFTY 50

Power Grid Q2 Earnings: Here’s what to expect

Updated : November 07, 2019 09:11:08 IST

State-owned Power Grid Corporation of India is set to announce its second-quarter results on Thursday. Here's what to expect from the company:

  • A topline growth of around 11 percent is expected.
  • Margins are expected to improve by around 250 basis points. One basis point is a hundredth of a percentage point.
  • The profit is expected to jump by around 10 percent.
  • The transmission revenue, which forms a small part of the business, is expected to grow by 8 percent while telecom consultancy is expected to post just a marginal growth.
  • Any update on Raipur-Pugalur project will be crucial as it is a massive project.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you