29-July-2026
Corporate News
 
Tata Power beats estimates with 11% rise in Q1 profit
28-Jul-2026

Tata Power on Monday reported an 11% year-on-year rise in consolidated net profit to Rs 1,176 crore for the first quarter of FY27, marginally beating analysts’ estimates, driven by steady operational performance across businesses. The company had posted a net profit of Rs 1,060 crore in the year-ago quarter. Analysts had estimated profit at around Rs 1,144 crore. Revenue from operations rose 5.6% to Rs 19,051 crore during the April-June quarter from Rs 18,035 crore a year earlier, surpassing analysts’ estimate of Rs 18,549 crore.

News Source:- https://www.financialexpress.com/business/industry-tata-power-beats-estimates-with-11-rise-in-q1-profit-4303884/