Tata Power Company has reported results for third quarter ended December 31, 2013.
The company has reported 16.05% rise in its net profit at Rs 251.13 crore for the quarter as compared to Rs 216.38 crore for the same quarter in the previous year.However total income of the company decreased by 22.56% at Rs 1998.59 crore for quarter under review as compared to Rs 2580.93 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported a net loss after taxes and Minority Interest and Share of Profit of Associates of Rs 74.91 crore for the quarter as compared to net loss of Rs 328.92 crore for the same quarter in the previous year. Total income of the group has decreased by 4.91% at Rs 8605.93 crore for quarter under review as compared to Rs 9050.33 crore for the quarter ended December 31, 2012.
The company has reported 16.05% rise in its net profit at Rs 251.13 crore for the quarter as compared to Rs 216.38 crore for the same quarter in the previous year.However total income of the company decreased by 22.56% at Rs 1998.59 crore for quarter under review as compared to Rs 2580.93 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported a net loss after taxes and Minority Interest and Share of Profit of Associates of Rs 74.91 crore for the quarter as compared to net loss of Rs 328.92 crore for the same quarter in the previous year. Total income of the group has decreased by 4.91% at Rs 8605.93 crore for quarter under review as compared to Rs 9050.33 crore for the quarter ended December 31, 2012.
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