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Tata Power reports 4-fold jump in Q1 consolidated net profit

26 Jul 2018 Evaluate

Tata Power Company has reported results for first quarter ended June 30, 2018.

The company has reported over 5 fold jump in its net profit at Rs 1,133.77 crore for the quarter under review as compared to Rs 217.34 crore for the same quarter in the previous year. Total income of the company increased by 19.92% at Rs 2,148.61 crore for Q1FY19 as compared Rs 2,062.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 4 fold jump in its net profit at Rs 1,735.12 crore for the quarter under review as compared to Rs 405.86 crore for the same quarter in the previous year. Total consolidated income of the company increased by 12.86% at Rs 7,403.18 crore for Q1FY19 as compared Rs 6,559.40 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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