CG Power Q3 results miss estimates, stock down 4%
after close1 source ↓written by the desknot a recommendation
- missing estimates
- ₹314.7 cr
- Revenue
- ₹3,175.4 cr
- the forecast
- ₹3,204.8 cr
- versus expectations
- ₹397.4 cr
- versus expectations
- ₹425 cr
CG Power reported net profit ₹284 cr, missing estimates of ₹314.7 cr. Revenue was ₹3,175.4 cr, below the forecast of ₹3,204.8 cr. EBITDA also fell short at ₹397.4 cr versus expectations of ₹425 cr. The stock reacted negatively, declining 4% post-results, reflecting market disappointment amid margin pressures.
Not investment advice. For informational purposes only.