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Tata Power Company reports consolidated net profit of Rs 74.97 crore in Q2

14 Nov 2013 Evaluate

Tata Power Company has reported results for the second quarter ended September 30, 2013.

The company has reported 11.54% fall in its net profit at Rs 261.77 crore for the quarter as compared to Rs 295.98 crore for the same quarter in the previous year. Total income of the company has decreased by 17.31% at Rs 2245.83 crore for quarter under review as compared to Rs 2716.06 crore for the quarter ended September 30, 2012.

On the consolidated basis, The Group has reported a net profit after taxes, minority interest and Shares of Profit of Associates of Rs 74.97 crore for the quarter as compared to a net loss of Rs 83.80 crore for the same quarter in the previous year. The total income of the group has increased by 9.06% at Rs 8471.78 crore for quarter under review as compared to Rs 7768.22 crore for the quarter ended September 30, 2012.

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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