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Earnings

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.
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