{"id":300430,"date":"2019-11-11T11:49:53","date_gmt":"2019-11-11T06:19:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300430"},"modified":"2019-11-11T12:05:31","modified_gmt":"2019-11-11T06:35:31","slug":"tata-power-posts-11-dip-in-september-quarter-profits-due-to-one-time-tax","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-posts-11-dip-in-september-quarter-profits-due-to-one-time-tax\/","title":{"rendered":"Tata Power posts 11% dip in September-quarter profits due to one-time tax"},"content":{"rendered":"<p>Tata Power has reported a dip in profits, largely due to a one-time tax impact. <\/p>\n<p>In the September-ended quarter, the 100 year old utility posted profits of \u20b9350 crore, an almost 11 per cent dip when compared to the \u20b9393 crore it posted in the same period last year. Tata Power had a one-off tax impact of \u20b9158 crore, without which profit would have been \u20b9509 crore. <\/p>\n<p>Also, finance costs was up by \u20b91,129 crore when compared to \u20b91,034 crore in the year-ago period, which partly affected profit. <\/p>\n<p>Revenues for the September-ended quarter was \u20b97,904 crore, an almost 6 per cent increase when compared to \u20b97,458 crore posted in the year-ago period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power has reported a dip in profits, largely due to a one-time tax impact. In the September-ended quarter, the 100 year old utility posted profits of \u20b9350 crore, an almost 11 per cent dip when compared to the \u20b9393 crore it posted in the same period last year. Tata Power had a one-off tax impact of \u20b9158 crore, without which profit would have been \u20b9509 crore. Also, finance costs was up by \u20b91,129 crore when compared to \u20b91,034 crore in the year-ago period, which partly affected profit. Revenues for the September-ended quarter was \u20b97,904 crore, an almost 6 per [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-300430","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300430","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=300430"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300430\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}