POWER GRID CORPORATION OF INDIA Q1 FY17 REPORT Power Grid Corporation Of India reported strong first quarter results FY17 with both Revenue/Income from operations and PAT growing by 30% & 33% YOY respectively.The company has prepared its financial statements in the current quarter on the basis of Indian Accounting Standards. In the present scenario with government reforms giving huge fillip to power & infrastructure, Electric Utilities sector stands to gain in the long run. Thus we are bullish on the stock for medium and long term. Read the full report below.