Tata Power has reported results for first quarter ended June 30, 2013.
The company has reported 14.31% rise in its net profit at Rs 357.00 crore for the quarter as compared to Rs 312.30 crore for the same quarter in the previous year. Total income of the company has increased by 6.00% at Rs 2787.39 crore for quarter under review as compared to Rs 2629.69 crore for the quarter ended June 30, 2012.
On the consolidated basis, the Company reported net loss after tax, Minority Interest and Share of Profit / (loss) of Associates of Rs 114.70 crore for the quarter against net profit of Rs 145.93 crore for the June quarter of the previous year. However, the company’s total income grew by 24.53% at Rs 9111.57 crore for the quarter under review as against Rs 7316.47 crore for the corresponding quarter of the previous year.
