Consolidated net profit (reported) including Rs2.9bn gain on recognition of deferred tax assets on indexation benefit on the investments and adverse impact of tariff order in MPL of Rs960mn declined by 1.2% YoY to Rs6.1bn led by continued loss in CGPL. Standalone PAT surged by 73% YoY to Rs5.2bn mainly due to higher one-off gains of Rs1.9bn, lower loss at CGPL (Rs2.1bn vs. Rs 2.4bn in 3QFY17) despite higher coal prices and higher contribution from coal business at Rs3.3 bn (vs. Rs 2.2 bn in 3QFY17). Profit from renewable portfolio surged to Rs720mn from Rs140mn in 3QFY17, off-set by Rs310mn loss at Maithon (vs. Rs740mn profit in 3QFY17) and lower PAT of...