ResultsCNBC-TV18
Tata Power Q2 net profit rises 48.6% to ₹1,366 crore
GreyOak summary
Tata Power reported a 48.6% rise in Q2 net profit to ₹1,366 crore, driven by one-time gains and strong performance in Mundra and renewables. Revenue increased 27% to ₹19,636 crore, while EBITDA margins declined slightly to 18.7%. The company added 539 MW of generation capacity and expanded its solar manufacturing output.
What it affects
- Tata Power CompanyTATAPOWERPositive +62
Net profit rose 48.6% to ₹1,366 crore.Rolling sentiment Positive +37
Source
Read the original at CNBC-TV18More Tata Power Company news
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