Tata Power Q3FY22 earnings preview: Revenue growth seen at 27%
Tata Power will be reporting its Q3FY22 earnings today. The street is expecting a very strong quarter. Revenue growth is seen at around 27 percent. The EBITDA margins are expected to contract, seen at 17 percent against 23 percent year on year (YoY).
Tata Power will be reporting its Q3FY22 earnings on Wednesday. The street is expecting a very strong quarter. Revenue growth is seen at around 27 percent. The EBITDA margins are expected to contract, seen at 17 percent against 23 percent year on year (YoY).
Also Read:
Net profit is expected to see an upmove of around 63 percent because of the base quarter did see an exceptional loss.
The distribution companies (DISCOMs) business is expected to dilute margins overall. That is something that could weigh down on overall margins.
Watch the accompanying video of CNBC-TV18’s Agam Vakil for more details.
First Published: Feb 8, 2022 4:07 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Dharwad Lok Sabha Election 2024: BJP's Pralhad Joshi eyes fourth term from this Karnataka seat
May 7, 2024 9:33 AM
Gulbarga Lok Sabha election: Mallikarjun Kharge's son-in-law Radhakrishna faces sitting BJP MP Umesh Jadhav
May 7, 2024 9:00 AM