About this document

Tata Power Q1FY16 Results Analysis by GauriGan is a document available to read on EtoBox.

- Tata Power (TATPOW) reported a 2% YoY increase in revenue to Rs. 8,942 crore for Q1FY16. EBITDA increased 13.3% YoY to Rs. 2,012 crore due to a 17.2% fall in fuel costs. However, PAT increased only 28.3% to Rs. 268 crore due to a forex loss of Rs. 53 crore. - The target price for Tata Power was reduced to Rs. 74 from Rs. 89 as the rating was changed to

Author

GauriGan

Language

EN