{"id":113067,"date":"2017-05-19T11:49:02","date_gmt":"2017-05-19T11:49:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=113067"},"modified":"2017-05-19T11:49:02","modified_gmt":"2017-05-19T11:49:02","slug":"tata-power-posts-rs-247-crore-q4-loss-on-one-time-charge","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-posts-rs-247-crore-q4-loss-on-one-time-charge\/","title":{"rendered":"Tata Power posts Rs 247 crore Q4 loss on one-time charge"},"content":{"rendered":"<p>Tata Power Co Ltd posted a loss in the fourth quarter on Friday compared with a profit a year earlier as it incurred a one-time charge towards contractual obligations. <\/p>\n<p>The company posted a consolidated net loss for the quarter ended March 31 of Rs 247 crore compared with a profit of Rs 83 crore a year earlier. <\/p>\n<p>Consolidated exceptional loss towards contractual obligations amounted to Rs 651 crore rupees, Tata Power said. <\/p>\n<p>Analysts on average had expected a consolidated profit of Rs 426 crore rupees for the quarter, according to Thomson Reuters data. <\/p>\n<p>The company&#8217;s consolidated revenue from its power business fell 12 per cent to Rs 60 crore rupees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power Co Ltd posted a loss in the fourth quarter on Friday compared with a profit a year earlier as it incurred a one-time charge towards contractual obligations. The company posted a consolidated net loss for the quarter ended March 31 of Rs 247 crore compared with a profit of Rs 83 crore a year earlier. Consolidated exceptional loss towards contractual obligations amounted to Rs 651 crore rupees, Tata Power said. Analysts on average had expected a consolidated profit of Rs 426 crore rupees for the quarter, according to Thomson Reuters data. The company&#8217;s consolidated revenue from its power [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-113067","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/113067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=113067"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/113067\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=113067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=113067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=113067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}