Tata Power profit rises 11% to 1,000 crore

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New Delhi: Tata Power on Wednesday posted an 11% rise in its consolidated web profit to Rs 1,046 crore within the March quarter in contrast to the year-ago interval primarily on the again of upper revenues.
The consolidated profit stood at Rs 939 crore within the quarter ended on March 31, 2023, a BSE submitting confirmed. Total earnings of the corporate rose to Rs 16.464 crore within the quarter from Rs 13,325 crore in the identical interval a 12 months in the past.The consolidated web profit within the fiscal 12 months 2023-24 rose to a file Rs 4,280 crore from Rs 3,810 crore within the year-ago interval, the corporate stated in a press release.
Total earnings elevated to Rs 63,272 crore in FY24 from Rs 56,547 crore in 2022-23. According to the assertion, the corporate’s market cap has surpassed Rs 1.4 lakh crore. Fiscal 2023-24 noticed the corporate obtain its highest-ever income and ebitda at Rs 61,542 crore and Rs 12,701 crore, respectively.


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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