Q1 2020 Tata Power Company Ltd Earnings Call Transcript
Thank you very much, and good evening, and welcome to all for the earnings call to discuss the Q1 FY '20 results of Tata Power. I hope all of you had a chance to take a quick look at the results.
As you would have seen, the company continues to achieve a consistent performance despite several sectoral challenges. Q1 FY '20 performance has been driven by strong consistent operational performance in all our regulated businesses, namely Mumbai operations, Maithon, Delhi distribution. And in all these, we have realized higher-than-regulated returns.
Apart from this, our renewable businesses have also performed consistently, though there were certain challenges in the wind projects, which have been a little lower than the last quarter.
The consolidated revenue has grown by 5% from INR 7,199 crores in Q1 FY '19 to INR 7,567 crores in Q1 FY '20. Similarly, the consolidated EBITDA in this quarter grew by 27% to INR 2,210 crores compared to INR 1,746 crores to last year's Q1 quarter.
Renewables continues
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