In the July-September quarter of financial year 2012-13, State-run electric utilities company Power Grid Corporation of India 's (PGCIL) profit after tax (PAT) is likely to go up by 32.4 per cent year-on-year to Rs 938 crore.
During the same period, total income is seen going up by 34.1 per cent to Rs 3,037 crore from Rs 2,264 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to grow by 36.8 per cent YoY to Rs 2,597 crore in the quarter.
Operating profit margin is seen rising by 170 basis points YoY to 85.5 per cent in the second quarter of FY13. Investors should watch out for capitalisation and capex and ordering during the quarter.
Analysts on an average feel the project commissioning / capitalisation is expected to drive earnings momentum. The street is estimating total capitalisation at Rs 3,500 crore for the quarter.