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Tata Power reports 11% rise in Q1 net profit

09 Aug 2012 Evaluate

Tata Power has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a rise of 10.92% in its net profit at Rs 312.30 crore for the quarter, as compared to Rs 281.56 crore for the same quarter in the previous year.  Total income of the company has increased by 21.23% to Rs 2629.69 crore for the quarter under review as compared to Rs  2168.82 crore for the quarter ended June 30, 2011.

On Consolidated, the company has reported a fall of 66.09% in its net profit at Rs 145.93 crore for the quarter, as compared to Rs 430.44 crore for the same quarter in the previous year. However, total income of the company has decreased by 22.99% to Rs 7316.47 crore for the quarter under review as compared to Rs 5948.84 crore for the quarter ended June 30, 2011.

Peers
Company Name CMP
NTPC 317.00
Tata Power 345.00
Adani Power 196.60
Power Grid Corpn. 253.40
Adani Energy Solut. 1320.00
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