TPWR’s Q2 adj. PAT at `3.7 bn was in line with our/street estimates. TPWR’s Q2 adj. PAT at Rs 3.7 bn was in line with our/street estimates. Renewables, distribution and regulated businesses were the key growth drivers. Underlying Ebitda at Rs 50 bn in H1FY19 signals on-track performance (annualised underlying Ebitda of Rs 100 bn). […]
