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Tata Power Company reports 71.01% rise in Q4 net profit

01 Jun 2013 Evaluate

Tata Power Company has reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a  rise of 71.01% in its net profit at Rs 200.03 crore in Q4FY13 as compared to net profit of Rs 116.97 crore in the same quarter previous year. However, total income of the company has decreased by 1.40% to Rs 2334.65 crore as compared to Rs 2367.81 crore in corresponding quarter last year.

On consolidated basis ,the company has reported a net profit  after taxes, Minority Interest and share of Profit / (Loss) of Associates of Rs 181.36 crore in Q4FY13 as compared to net loss of Rs 628.75 crore in the same quarter previous year. Total income of the company has increased by 27.28% to Rs 9071.97 crore as compared to Rs 7127.69 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 12.40% fall in its net profit at Rs 1024.69 crore in FY13 as against Rs 1169.73 crore in previous years. However, total income of the company has increased to Rs 10261.33 crore as compared to Rs 9479.30 crore in FY12, up by 8.24%.

On consolidated basis, for the year ended March 31, 2013, the company has reported a net loss after taxes, Minority Interest and share of Profit / (Loss) of Associate of Rs 85.43 crore in FY13 as against a net loss of Rs 1087.68 crore in previous years. However, total income of the company has increased to Rs 33206.99 crore as compared to Rs 25845.11 crore in FY12, up by 28.48%.

Tata Power Share Price

435.70 2.05 (0.47%)
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