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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.

October 11, 2019 / 02:52 PM IST
 
 
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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.


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