Tata Power has reported results for first quarter ended June 30, 2015.
The company has reported 5.29% fall in net profit at Rs 242.42 crore for the quarter ended June 30, 2015 as compared to Rs 255.96 crore for the same quarter in the previous year. The company’s total income has decreased by 3.09% to Rs 2406.42 crore for the quarter under review from Rs 2483.13 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported a net profit/(loss) after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs 241.33 crore for the quarter ended June 30, 2015 as compared to net loss Rs 111.30 crore for the same quarter in the previous year. Total income of the company has increased by 7.89% at Rs 9340.01 crore for quarter under review as compared to Rs 8656.82 crore for the quarter ended June 30, 2014.
