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Tata Power Q1 PAT seen up 11.4% YoY to Rs. 209.8 cr: Kotak

Net Sales are expected to increase by 2.1 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 1,955.5 crore, according to Kotak.

July 18, 2018 / 04:45 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 18) earnings estimates for the Utilities sector. The brokerage house expects Tata Power to report net profit at Rs. 209.8 crore up 11.4% year-on-year (down 58.4% quarter-on-quarter).


Net Sales are expected to increase by 2.1 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 1,955.5 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.6 percent Y-o-Y (up 1.6 percent Q-o-Q) to Rs. 595.7 crore.


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