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Fitch Ratings: Improvements in trade receivables of power utilities expected: Fitch

Fitch Ratings anticipates an improvement in trade receivables for Indian power utilities, particularly from weaker state-owned distribution companies (discoms), and highlights the pace of capital expenditure (capex) as a key credit driver for rated power utilities in the near to medium term. ....

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Tata Power : Reported PAT grows 48% in Q4FY23 to Rs 939 cr; Consolidated revenue for FY23 grows 32% to Rs 56,033 cr; Board declares a dividend of Rs 2 per share

Tata Power Reported PAT grows 48% in Q4FY23 to ₹ 939 cr

Consolidated revenue for FY23 grows 32% to ₹ 56,033 cr

Board declares a. | May 4, 2023 ....

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Tata Power Q4FY23 PAT grows 48% YoY to Rs 939 cr; FY23 consolidated revenue jumps 32% to Rs 56,033 cr; Board declares Rs 2 per share dividend | Indiablooms

Mumbai/IBNS: Tata Power, one of India's major integrated power firms, on Thursday said its consolidated reported PAT in Q4FY23 rose by 48% YoY to Rs 939 crore compared to Rs 632 crore in the same period last fiscal, supported by a strong performance across all businesses. ....

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