Tata Power Company (TPCL) reported consolidated revenue, up 11.2% yoy to Rs95.4bn in 2QFY16 vs. Rs85.8bn in 2QFY15 due to higher sales from power business, which was however, offset by lower price realisation from coal subsidiaries. Conversely, TPCL reported Rs2.4bn consolidated net profit (our expectation was Rs1bn) in 2QFY16 compared to Rs0.77bn net loss in 2QFY15,...