POWER GRID has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Dec-18* | 3 Sep-19* | 3 Dec-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 84,712 | 86,850 | 89,920 | 3.5% | 6.1% |
Other income | Rs m | 4,190 | 4,982 | 5,049 | 1.3% | 20.5% |
Turnover | Rs m | 88,902 | 91,832 | 94,969 | 3.4% | 6.8% |
Expenses | Rs m | 9,018 | 11,281 | 11,157 | -1.1% | 23.7% |
Gross profit | Rs m | 75,694 | 75,569 | 78,762 | 4.2% | 4.1% |
Depreciation | Rs m | 26,047 | 27,482 | 28,024 | 2.0% | 7.6% |
Interest | Rs m | 22,753 | 23,761 | 24,740 | 4.1% | 8.7% |
Profit before tax | Rs m | 31,084 | 29,308 | 31,047 | 5.9% | -0.1% |
Tax | Rs m | 6,177 | 7,555 | 7,933 | 5.0% | 28.4% |
Profit after tax | Rs m | 24,907 | 21,753 | 23,114 | 6.3% | -7.2% |
Gross profit margin | % | 89.4 | 87.0 | 87.6 | ||
Effective tax rate | % | 19.9 | 25.8 | 25.6 | ||
Net profit margin | % | 28.0 | 23.7 | 24.3 |
To see how POWER GRID has performed over the last eight quarters,please visit here.
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Over the last one year,POWER GRID share price has moved down from Rs 190.4 to Rs 185.1, registering a Loss of Rs 5.3 or around 2.8%.
Meanwhile, the S&P BSE POWER Index is trading at Rs 1,862.4 (up 1.1%). Over the last one year it has moved down from 1,887.8 to 1,862.4, a gain of 25 points (down 1.3%).
Overall, the S&P BSE SENSEX is up 9.5% over the year.
At the current price of Rs 185.1, the price to earnings (P/E) ratio of POWER GRID stands at 6.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.6 times.
For the quarter ended June 2020, POWER GRID has posted a net profit of Rs 16 bn (down 34.9% YoY). Sales on the other hand came in at Rs 90 bn (up 2.1% YoY). Read on for a complete analysis of POWER GRID's quarterly results.
For the quarter ended September 2019, POWER GRID has posted a net profit of Rs 22 bn (up 14.2% YoY). Sales on the other hand came in at Rs 87 bn (up 4.9% YoY). Read on for a complete analysis of POWER GRID's quarterly results.
Here's an analysis of the annual report of POWER GRID for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of POWER GRID. Also includes updates on the valuation of POWER GRID.
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