Tata Power Q1 net up 90% to Rs 884 crore

Tata Power on Wednesday reported a net profit of Rs 884 crore for the June quarter, a 90% rise year-on-year. The rise was driven by improved performance in all sectors, including generation and transmission & distribution.

In the same quarter last fiscal, Tata Power had reported Rs 466 crore net profit. This is the eleventh consecutive quarter that the company has reported profit growth y-o-y.