ResultsMint
Tata Power: Q2 renewable gains partly offset by weak solar EPC
Positive+32Company event
GreyOak summary
Tata Power reported an 11% year-on-year increase in operating profit to ₹3,917 crore for the September quarter. This growth contrasts with 26% revenue expansion, partly due to weak solar EPC performance offsetting renewable energy gains. The company's regulated business operates on a fixed 15.5% return on equity.
What it affects
- Tata Power CompanyTATAPOWERPositive +32
Operating profit rose 11% to ₹3,917 crore.Rolling sentiment Positive +37
Source
Read the original at MintMore Tata Power Company news
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