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Tata Power reports marginal growth in FY11 net profit

19 May 2011 Evaluate

Tata Power Company has reported results for the year ended March 31, 2011

The company has registered marginal growth of 2.36% in its net profit after tax and statutory appropriations for FY11 at Rs 970.01 crore as compared to Rs 947.65 crore for the previous year. Its total income has increased marginally by 0.44% at Rs 7412.06 crore for the year from Rs 7379.85 crore in previous year.

On consolidated basis, the group’s net profit after tax and statutory appropriations for the year has rose 5.69% at Rs 2088.12 crore as compared to Rs 1975.73 crore for the year ended March 31, 2010. Total income for the year has increased marginally by 1.46% at 19861.26 crore as compared to Rs 19574.72 crore for the previous year.

Tata Power Company has recommended a dividend of Rs 12.50 per equity share of Rs 10 each or 125% to the shareholders for the year ended March 31, 2011.

Tata Power Share Price

427.45 0.20 (0.05%)
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