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Tata Power reports consolidated net loss of Rs 111.30 crore in Q1

12 Aug 2014 Evaluate

Tata Power Company has reported results for first quarter ended June 30, 2014.

The company’s net profit has declined by 28.30% at Rs 255.96 crore as compared to Rs 357.00 crore for the quarter ended June 30, 2013. The company’s total income has decreased by 8.52% to Rs 2549.77 crore for the quarter under review from Rs 2787.39 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported a net loss after taxes & Minority interest of Rs 111.30 crore for the quarter as compared to a net loss of Rs 114.70 crore for the same quarter in the previous year. Its total income has decreased by 4.35% at Rs 8714.94 crore for quarter under review as compared to Rs 9111.57 crore for the quarter ended June 30, 2013.

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