Tata Power consolidated profit before tax falls 31% in June quarter

Private power producer Tata Power’s consolidated  profit before tax (PBT) and exceptional items for the June quarter dipped 31 per cent  Rs 480 crore. Net profit rose by 10 per cent to Rs 268 crore for quarter ended June on the back of reduced expenses. The company had posted a net profit of Rs 243 crore during the same period a year ago, Tata Power said in a BSE filing.            

During April-June, the firm reported a total income of Rs 6,540 crore as compared to Rs 7,874 crore in the year-ago quarter. Total expenses during the