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

6 Aug 2022 , 07:46 AM

Result date: 8^th 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