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Tata Power Q2 profit jumps 48.6% on strong growth
GreyOak summary
Tata Power reported Q2FY27 net profit of ₹1,366 crore, a 48.6% increase, driven by revenue growth of 27.1% to ₹19,636 crore. EBITDA margins moderated to 18.7% despite an 11.1% rise in absolute EBITDA. The company faces a pending Kleros Capital Partners case in Singapore and plans a CEO transition effective May 2027.
What it affects
- Tata Power CompanyTATAPOWERPositive +60
Q2 profit jumped 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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