Power Grid Corporation's Q2FY18 standalone results for the quarter were largely in-line with consensus estimates. For the quarter ended Sep 17, net sales of Power Grid stood at Rs 7252.84 crore up by 16% YoY. Net revenue from Transmission business, which constitutes around 96% of total revenue, was up 17% to Rs 6984 crore. Net revenue from consultancy service business was down by 27% to Rs 113 crore. Telecom income was up by 20% YoY to Rs 156 crore. OPM was higher by 90 bps to 90.4% resulting OP being up by 17% to Rs 6555.97 crore. Other income was up by 6% to Rs 239.68 crore. Interest costs were up by 18% to Rs 1867.28 crore....