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HomeNewsBusinessEarningsTata Power Q3 PAT seen up 154.5% YoY to Rs. 1,084 cr: HDFC Securities

Tata Power Q3 PAT seen up 154.5% YoY to Rs. 1,084 cr: HDFC Securities

Net Sales are expected to increase by 37 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 1,495.1 crore, according to HDFC Securities.

January 11, 2023 / 11:02 IST
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    HDFC Securities has come out with its third quarter (October-December’ 22) earnings estimates for the Power sector. The brokerage house expects Tata Power to report net profit at Rs. 1,084 crore up 154.5% year-on-year (up 32.3% quarter-on-quarter).

    Net Sales are expected to increase by 37 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 1,495.1 crore, according to HDFC Securities.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.4 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 2,224 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.

    HDFC_Power

    Broker Research
    first published: Jan 11, 2023 11:02 am

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