Tata Power Company reports 85% rise in Q2 consolidated net profit

India, Oct. 29 -- Tata Power Company has reported results for second quarter ended September 30, 2022.

The company has reported a rise of 18.21% in its net profit at Rs 1200.23 crore for the quarter under review as compared to Rs 1015.37 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 5703.17 crore for Q2FY23 as compared Rs 2576.62 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 84.94% in its net profit at Rs 935.18 crore for the quarter under review as compared to Rs 505.66 crore for the same quarter in the previous year. Total income of the company increased by 39.20% at Rs 14181.07 crore for Q2FY23 as compared Rs 10187.33 crore for the corresponding quarter previous year. Published by HT Digital Content Services with permission from Accord Fintech. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com