Tata Power reports 11% fall in Q2 consolidated net profit

Tata Power Company Ltd. | Power Generation/Distribution | Power | BSE: 500400 | NSE: TATAPOWER

11 Nov 2019 Evaluate

Tata Power Company has reported results for second quarter ended September 30, 2019.

The company has reported 41.74% fall in its net profit at Rs 154.61 crore for the quarter under review as compared to Rs 265.37 crore for the same quarter in the previous year. However, total income of the company increased by 5.93% at Rs 2114.28 crore for Q2FY20 as compared Rs 1995.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 10.82% in its net profit at Rs 350.81 crore for the quarter under review as compared to Rs 393.36 crore for the same quarter in the previous year. However, total income of the company increased by 5.98% at Rs 7904.03 crore for Q2FY20 as compared Rs 7458.01 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
NTPC	329.35
Tata Power	368.30
Adani Power	205.00
Power Grid Corpn.	263.50
Adani Energy Solut.	1382.00
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