Capitalisation guidance has been toned down, with FY26 now expected at ₹20,000 crore which is down from ₹21,300–22,000 crore. The guidance for FY27 and FY28 is at ₹25,000 crore and ₹28,000 crore, respectively.
State-run Power Grid Corporation of India Ltd is expected to post a muted December quarter, with marginal revenue and profit growth offset by softer EBITDA and margin pressure amid the shift to competitive bidding projects.
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