{"id":98062,"date":"2018-11-05T13:15:41","date_gmt":"2018-11-05T13:15:41","guid":{"rendered":"https:\/\/www.bnreport.com\/power-grid-q2-profit-rises-8-yoy-to-rs-2309-crore-meets-street-estimates\/"},"modified":"2018-11-05T13:15:41","modified_gmt":"2018-11-05T13:15:41","slug":"power-grid-q2-profit-rises-8-yoy-to-rs-2309-crore-meets-street-estimates","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/power-grid-q2-profit-rises-8-yoy-to-rs-2309-crore-meets-street-estimates\/","title":{"rendered":"Power Grid Q2 profit rises 8% YoY to Rs 2,309 crore, meets Street estimates"},"content":{"rendered":"

ETMarkets.com|<\/p>\n

Nov 05, 2018, 06.07 PM IST<\/p>\n

Revenue from operations increased to Rs 8,283.03 crore in Q2FY19 over Rs 7,252.84 crore last year.<\/figcaption><\/figure>\n

PEER COMPANIES<\/h2>\n

<\/a>Power Grid Corporation of India<\/a> on Monday reported a 7.86 per cent year-on-year rise in profit at Rs 2,309.49 crore for the quarter ended September 30. The power utility firm<\/a> had posted a profit of Rs 2,141.04 crore in the corresponding quarter last year. <\/p>\n

Analysts in an ET NOW poll had estimated the profit figure at Rs 2,280 crore. <\/p>\n

Revenue from operations increased to Rs 8,283.03 crore in Q2FY19 over Rs 7,252.84 crore in Q2FY18. <\/p>\n

Earlier during the day, shares of the company closed 1.82 per cent down at Rs 186.40. <\/p>\n

Total expenditure of the company increased to Rs 6168.34 crore during the quarter under review against Rs 4880.25 crore in the same period last year. <\/p>\n

Read more on<\/p>\n

Commenting feature is disabled in your country\/region.<\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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ETMarkets.com|<\/p>\n

Nov 05, 2018, 06.07 PM IST<\/p>\n

Revenue from ope..<\/p>\n","protected":false},"author":1,"featured_media":98063,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-98062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nPower Grid Q2 profit rises 8% YoY to Rs 2,309 crore, meets Street estimates - Business News Report<\/title>\n<meta name=\"description\" content=\"ETMarkets.com| Nov 05, 2018, 06.07 PM IST Revenue from ope..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/power-grid-q2-profit-rises-8-yoy-to-rs-2309-crore-meets-street-estimates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Power Grid Q2 profit rises 8% YoY to Rs 2,309 crore, meets Street estimates - 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