ResultsFinancial Express
Tata Power invests Rs 11,871 cr, Q2 profit up 48%
GreyOak summary
Tata Power's board approved a Rs 11,871 crore investment for a 1,800 MW pumped storage project in Maharashtra, to be completed in 51 months. The company reported a 48.58% year-on-year increase in Q2FY27 net profit to Rs 1,366.11 crore, with revenue rising 26.32% to Rs 19,635.94 crore. CEO Praveer Sinha highlighted strong contributions from all businesses and accelerated renewable capacity addition.
What it affects
- Tata Power CompanyTATAPOWERPositive +62
Investing Rs 11,871 crRolling sentiment Positive +37
Source
Read the original at Financial ExpressMore Tata Power Company news
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