Power Grid Q2 Preview: Firm likely to see 2% rise in revenue amid slowdown
Tue, Nov 5, 2024 1:23 PM

Power Grid Q2 Preview: Firm likely to see 2% rise in revenue amid slowdown

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Power Grid is expected to announce its Q2FY24 earnings on November 6. According to an average of three brokerages, Power Grid is expected to see its net profit for the quarter remain flat, gaining around 0.6% YoY to Rs 3,749 crore. Revenue is expected to increase marginally by around 2 percent to Rs 11,185 crore, and EBITDA margin is also expected to see a marginal increase from 86.9% to 87.4%.

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