Tata Power Q4 results preview: Revenue to rise, but net profit may fall
Many analysts are positive on the company because of the bullish outlook on power demand
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Many analysts are positive on the company because of the bullish outlook on power demand
Earnings Before Interest Tax Depreciation and Amortisation for the Adani Group company grew 2.4 percent YoY to Rs 1,565 crore for Q4FY24 .
According to the average estimate of 12 brokerages, the company's net profit is expected at Rs 1,976.58 crore, marking a 23 percent increase on-year, and a 15 percent sequential rise.
Net Sales are expected to increase by 12.5 percent Y-o-Y (up 8.7 percent Q-o-Q) to Rs 4,571.2 crore, according to Motilal Oswal.
Net Sales are expected to increase by 21.8 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs 1,194.4 crore, according to Motilal Oswal.