Earnings Alerts

Power Grid Corporation Of India (PWGR) Earnings: 1Q Net Income Falls Short of Estimates

  • Net Income: 34.1 billion rupees, down 3.7% year-over-year; missed the estimate of 37.99 billion rupees.
  • Revenue: 100.7 billion rupees, down 1.7% year-over-year; missed the estimate of 105.38 billion rupees.
  • Total Costs: 65.6 billion rupees, an increase of 0.9% year-over-year.
  • Other Income: 7.82 billion rupees, an increase of 22% year-over-year.
  • Analyst Ratings: 13 buys, 0 holds, 8 sells.

A look at Power Grid Corporation Of India Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Power Grid Corporation of India Limited is positioned for a promising long-term outlook, as reflected in its Smart Scores provided by Smartkarma. With a strong emphasis on dividends, Power Grid scores a perfect 5 in this category, showcasing its commitment to rewarding investors. Additionally, the company receives high marks for momentum at 4, indicating a favorable trend in its stock performance. While value and growth scores are moderate at 3 each, Power Grid demonstrates stability with a resilience score of 2. Overall, the company’s scores suggest a solid foundation with potential for sustained growth.

Power Grid Corporation of India Limited, established by the Indian government, serves as the key transmission utility in the country. Focused on the development and operation of crucial transmission infrastructure nationwide, including high-voltage transmission lines, sub-stations, and communication facilities, Power Grid plays a vital role in ensuring reliable electricity supply. As per its Smart Scores, the company’s strong dividend policy, positive momentum, and emphasis on resilience contribute to its favorable outlook for the future, making it an attractive choice for investors seeking stability and growth.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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