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Tata Power Company consolidated net profit rises 230.45% in the March 2020 quarter

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Sales decline 8.42% to Rs 6620.80 crore

Net profit of Tata Power Company rose 230.45% to Rs 402.59 crore in the quarter ended March 2020 as against Rs 121.83 crore during the previous quarter ended March 2019. Sales declined 8.42% to Rs 6620.80 crore in the quarter ended March 2020 as against Rs 7229.84 crore during the previous quarter ended March 2019.

For the full year,net profit declined 56.82% to Rs 1017.38 crore in the year ended March 2020 as against Rs 2356.19 crore during the previous year ended March 2019. Sales declined 2.49% to Rs 29136.37 crore in the year ended March 2020 as against Rs 29881.06 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales6620.807229.84 -8 29136.3729881.06 -2 OPM %18.2518.30 -25.2122.15 - PBDT865.121048.72 -18 4365.334340.55 1 PBT177.82445.27 -60 1731.771947.42 -11 NP402.59121.83 230 1017.382356.19 -57

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 19 2020. 19:14 IST
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