Power Grid’s Q1 FY24 net profit fell 4% to Rs 3,412 crore from Rs 3,542 crore last year. Revenue decreased by 2% to Rs 10,068 crore from Rs 10,245 crore.
Earnings downgrade cycle largely over, no major cuts expected from Q3 onwards: Pawan Parakh
I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India’s performance, two sectors have disappointed slightly. First