{"id":509036,"date":"2022-07-27T09:27:44","date_gmt":"2022-07-27T03:57:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=509036"},"modified":"2022-07-27T09:46:50","modified_gmt":"2022-07-27T04:16:50","slug":"tata-power-q1-net-jumps-90-to-rs-884-cr-plans-rs-14k-cr-capex-in-fy23","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-q1-net-jumps-90-to-rs-884-cr-plans-rs-14k-cr-capex-in-fy23\/","title":{"rendered":"Tata Power Q1 net jumps 90% to Rs 884 cr; plans Rs 14k-cr capex in FY23"},"content":{"rendered":"<p>Tata Power on Tuesday posted a nearly 90 per cent jump in its consolidated net profit to Rs 883.54 crore for the April-June quarter of the current fiscal driven by higher income.<\/p>\n<p>The company had posted a net profit of Rs 465.69 crore in the same quarter of 2021-22, Tata Power said in a BSE filing.<\/p>\n<p>Its total income increased to Rs 14,638.78 crore in April-June FY23 from Rs 10,310.21 crore in the year-ago period.<\/p>\n<p>Expenses were also higher at Rs 14,660.14 crore against Rs 9,479.80 crore in the April-June period of the preceding fiscal. <\/p>\n<p>In a separate statement, the company said it plans a consolidated capex of Rs 14,000 crore in 2022-23, including a Rs 10,000 crore investment in the renewables sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power on Tuesday posted a nearly 90 per cent jump in its consolidated net profit to Rs 883.54 crore for the April-June quarter of the current fiscal driven by higher income. The company had posted a net profit of Rs 465.69 crore in the same quarter of 2021-22, Tata Power said in a BSE filing. Its total income increased to Rs 14,638.78 crore in April-June FY23 from Rs 10,310.21 crore in the year-ago period. Expenses were also higher at Rs 14,660.14 crore against Rs 9,479.80 crore in the April-June period of the preceding fiscal. In a separate statement, the [&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":[135,130,232],"tags":[],"class_list":["post-509036","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509036","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=509036"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509036\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=509036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=509036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=509036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}