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Q1FY23 Preview: Power Grid Corporation of India: Revenue seen at Rs11,060 crore, PAT at Rs3,518 crore

Weak performance likely in the quarter

August 06, 2022 7:46 IST | India Infoline News Service
Result date: 8th August, 2022
Recommendation: Buy
Target price: Rs250
Source: IIFL Research

Power Grid Corporation of India could report 12.1% year-on-year growth in revenue for the June 2022 quarter.

Profit After Tax (PAT) could grow 3.8% over the year-ago quarter amid muted asset capitalization in the June 2022 quarter.

Rs. Crore June 2022 estimates YoY change
Revenue 11,060 12.1%
Profit After Tax 3,518 3.8%
Source: Brokerage reports

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