Tata Power has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported net profit of Rs 1504.34 crore for the quarter under review as against net loss of Rs 407.07 crore for the same quarter in the previous year. Total income of the company reported 2-fold jump at Rs 7026.42 crore for Q3FY23 as compared to Rs 3217.72 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 90.64% in its net profit at Rs 1052.14 crore for the quarter under review as compared to Rs 551.89 crore for the same quarter in the previous year. Total income of the company increased 30.70% at Rs 14401.95 crore for Q3FY23 as compared to Rs 11018.73 crore for the corresponding quarter previous year.
