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POWERGRID Energy 09 Feb 2024

Power Grid Corporation — Q3 FY24

PowerGrid reported consolidated Q3 FY24 revenue of INR 11,820 crore and PAT of INR 4,028 crore, with EBITDA margins maintained above 80%.

bullish high
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Revenue ₹11,550 Cr
EBITDA
EBITDA Margin 88%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY24

FY24 CapEx target raised to ~INR 10,000 crore

Management increased CapEx guidance from INR 8,800 crore to ~INR 10,000 crore, split equally between RTM and TBCB projects.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1