Tata Power’s Q4 consolidated net profit rises marginally to Rs 481 cr
Tata Power on Wednesday posted a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore for March quarter 2020-21.
It had clocked a net profit of Rs 474.70 crore in the year-ago period, the company said in a BSE filing.
Total income rose to Rs 10,222.48 crore in the quarter from Rs 6,793.95 crore in the same period a year ago.
The company said the rise in consolidated net profit in March quarter is “due to saving in finance cost offset by exceptional gain in PY (previous year).”
The consolidated net profit of the company in 2020-21 also rose to Rs 1,438.65 crore from Rs 1,316.44 crore in the previous year.
