Tata Power Q3 consolidated PAT seen at Rs 230 crore

MUMBAI: Tata Power will come out with its quarterly results on Friday. According to an ET Now poll, the company is likely to report a consolidated net profit of Rs 230 crore for the quarter ended December 2013 as against a net loss of Rs 329 crore in the corresponding quarter of the last fiscal year.

Consolidated revenues are seen at Rs 9,300 crore, up 3 per cent, from Rs 9,039 crore in the year-ago period.

Consolidated EBITDA for the quarter is expected to be at Rs 1,880 crore, up 1.4 per cent, from Rs 1,854 crore year on year (YoY). Consolidated margins are seen at 20.2 per cent versus 20.6 per cent.

According to analysts, contribution/loss from Maithon/Mundra UMPP project, CERC order on Mundra UMPP tariff revision and sales/realisation for KPC/Arutmin mines will be key factors to watch out for in the results.