Tata Power Q1 PAT rises 11% driven by renewables
pre-market1 source ↓written by the desknot a recommendation
- 8% EBITDA growth
- 50% allocated to renewables
Tata Power reported Q1 PAT up 11% YoY and 8% EBITDA growth, driven by strong performance in transmission, distribution, and renewables. The company is accelerating CapEx, with 50% allocated to renewables. Transmission bottlenecks and delayed DISCOM collections are expected to normalize in Q2, supporting future growth.
Not investment advice. For informational purposes only.