{"id":352239,"date":"2020-05-20T11:30:31","date_gmt":"2020-05-20T06:00:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352239"},"modified":"2020-05-20T11:30:31","modified_gmt":"2020-05-20T06:00:31","slug":"tata-power-q4-results-posts-over-2-folds-jump-in-net-profit-to-rs-475-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-q4-results-posts-over-2-folds-jump-in-net-profit-to-rs-475-crore\/","title":{"rendered":"Tata Power Q4 results: Posts over 2-folds jump in net profit to Rs 475 crore"},"content":{"rendered":"<p>New Delhi: Tata PowerNSE 4.78 % on Tuesday posted a two-folds jump in its consolidated net profit to Rs 475 crore in the January-March quarter compared to the year-ago period.<\/p>\n<p>The company&#8217;s consolidated net profit was Rs 172 crore in the quarter ended on March 31, 2019, a company statement said.<\/p>\n<p>&#8220;PAT was up 177 per cent at Rs 475 crore as against Rs 172 crore due to gain on sale of Cennergi investment offset by impairment provision in SED &amp; reversal of MAT Credit due to transition to new tax regime in the renewables business,&#8221; the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Tata PowerNSE 4.78 % on Tuesday posted a two-folds jump in its consolidated net profit to Rs 475 crore in the January-March quarter compared to the year-ago period. The company&#8217;s consolidated net profit was Rs 172 crore in the quarter ended on March 31, 2019, a company statement said. &#8220;PAT was up 177 per cent at Rs 475 crore as against Rs 172 crore due to gain on sale of Cennergi investment offset by impairment provision in SED &amp; reversal of MAT Credit due to transition to new tax regime in the renewables business,&#8221; the company said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-352239","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352239","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=352239"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352239\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}