Power Grid Q4 Results: Profit Misses Estimates
Power Grid Corp.'s consolidated net profit fell marginally in the fourth quarter of financial year 2025, missing analysts' estimates.
The state-run power transmission major posted a profit of Rs 4,143 crore in the January-March quarter, compared to Rs 4,166 crore in the year-ago period, according to an exchange filing on Monday. Analysts tracked by Bloomberg had set a consensus estimate of Rs 4,339.3 crore.
Power Grid Q4 FY25 Highlights (Consolidated, YoY)
Revenue up 2.5% to Rs 12,275 crore versus Rs 11,978 crore (Bloomberg estimate: Rs 12,235 crore).
Ebitda up 1% to Rs 10,223 crore versus Rs 10,099 crore (Estimate: Rs 10,275 crore).
Margin at 83.3% versus 84.3% (Estimate: 84%).
Net profit down 0.6% to Rs 4,143 crore versus Rs 4,166 crore (Estimate: Rs 4,339 crore).
The board recommended a final dividend of Rs 1.25 per equity share for FY25, subject to the approval of the shareholders at the ensuing Annual General Meeting. The final dividend would be paid within 30 days from the date of its declaration at the AGM.
Shares of the company closed 1.3% higher at Rs 304.1 apiece on the BSE, ahead of the results, compared to a 0.3% decline in the benchmark Sensex.
(This is a developing story).
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