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Tata Power consolidated net profit rises 10% to Rs 371 crore in Q2

On a consolidated basis, Tata Power Group's Q2 FY21 revenue was up by 15 per cent at Rs 8,413 crore as compared to Rs 7,329 crore last year.

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Tata Power Group's Q2 FY21 revenue was up by 15 per cent at Rs 8,413 crore as compared to Rs 7,329 crore last year.

Press Trust of India
Tata Power on Tuesday posted a 10 per cent increase in consolidated net profit at Rs 371 crore for the quarter ended September 2020.
 
"Consolidated PAT stood at Rs 371 crore (in July-September 2020) up by 10 per cent as compared to Rs 339 crore in Q2 FY20 due to stable performance across businesses," a company statement said.
 
On a consolidated basis, Tata Power Group's Q2 FY21 revenue was up by 15 per cent at Rs 8,413 crore as compared to Rs 7,329 crore last year.
 
The rise in revenue was mainly due to acquisition of TPCODL