New Delhi: Tata PowerNSE -1.26 %’s consolidated net profit declined by 86 per cent to Rs 230.80 crore in the April-June quarter of 2019-20 mainly due to exceptional gains in the same quarter of last year, according to a regulatory filing.
The company had posted a consolidated net profit of Rs 1,735.12 crore for the quarter ended on June 30, 2018, boosted exceptional gains of Rs 1,897.24 crore from the sale of non-core investment.