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Oct 13, 2017 03:28 PM IST | Source: Moneycontrol.com

Tata Power Q2 PAT seen up 3% YoY to Rs. 346.2 cr: Edelweiss

Net Sales are expected to increase by 1.9 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 7345.1 crore, according to Edelweiss.

 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Utilities sector. The brokerage house expects Tata Power to report net profit at Rs. 346.2 crore up 3% year-on-year (111.4% quarter-on-quarter).


Net Sales are expected to increase by 1.9 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 7345.1 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 1.5 percent Y-o-Y (down 19 percent Q-o-Q) to Rs. 1482.9 crore.


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