Tata Power Company Ltd.
0.20 (0.05%) Tata Power reports 26% rise in Q3 consolidated net profit
Date: 30-01-2020Tata Power Company has reported results for third quarter ended December 31, 2019.
The company has reported a fall of 97.44% in its net profit at Rs 6.94 crore for the quarter under review as compared to Rs 270.77 crore for the same quarter in the previous year. Total income of the company decreased by 17.56% at Rs 1,933.54 crore for Q3FY20 as compared Rs 2,345.51 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 26.08% in its net profit attributed to the owners at Rs 178.86 crore for the quarter under review as compared to Rs 141.86 crore for the same quarter in the previous year. However, total income of the company fell 10.77% at Rs 7,136.04 crore for Q3FY20 as compared Rs 7,997.42 crore for the corresponding quarter previous year.