Tata Power on Friday posted a marginal increase of 2 per cent in its consolidated net profit at Rs 1,076 crore in December 2023 quarter.
Its consolidated net profit was Rs 1,052 crore in the quarter ended on December 31, 2022, a company statement showed.
Total revenues also rose to Rs 14,841 crore in the quarter from Rs 14,339 crore in the same period a year ago.
Praveer Sinha, CEO and Managing Director, Tata Power, said in the statement, “Our core businesses continue to perform well and have helped the Company clock its 17th consecutive PAT (profit after tax or net profit) growth quarter.”