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Last Updated : Oct 11, 2019 02:52 PM IST | Source: Moneycontrol.com

Tata Power Q2 PAT seen up 7.9% YoY to Rs. 321.9 cr: Kotak

Net Sales are expected to increase by 7.3 percent Y-o-Y (up 13.4 percent Q-o-Q) to Rs. 2,062 crore, according to Kotak.

 
 
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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Electric Utilities sector. The brokerage house expects Tata Power to report net profit at Rs. 321.9 crore up 7.9% year-on-year (down 21.4% quarter-on-quarter).


Net Sales are expected to increase by 7.3 percent Y-o-Y (up 13.4 percent Q-o-Q) to Rs. 2,062 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.7 percent Y-o-Y (up 44.8 percent Q-o-Q) to Rs. 831.2 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



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First Published on Oct 11, 2019 02:52 pm
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