{"id":552885,"date":"2023-02-04T10:59:19","date_gmt":"2023-02-04T05:29:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552885"},"modified":"2023-02-04T13:11:08","modified_gmt":"2023-02-04T07:41:08","slug":"tata-power-q3-net-profit-nearly-doubles-to-rs-1052-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-q3-net-profit-nearly-doubles-to-rs-1052-crore\/","title":{"rendered":"Tata Power Q3 net profit nearly doubles to Rs 1,052 crore"},"content":{"rendered":"<p>Tata Power on Friday said its consolidated net profit almost doubled to Rs 1,052.14 crore in the quarter ended December 2022 compared to a year ago, mainly due to higher revenues.<\/p>\n<p>The consolidated net profit of the company was Rs 551.89 crore in the quarter ended on December 31, 2021, a BSE filing showed.<\/p>\n<p>Total income rose to Rs 14,401.95 crore in the quarter from Rs 11,018.73 crore in the same period a year ago. <\/p>\n<p>Praveer Sinha, CEO &amp; MD, Tata Power, said in a statement: &#8220;We are pleased to report another quarter of strong financial results with PAT (profit after tax) growing for the 13th consecutive quarter. The stellar performance from all our business clusters &#8212; generation, transmission, distribution, and renewables &#8212; has placed us in a very bright spot.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power on Friday said its consolidated net profit almost doubled to Rs 1,052.14 crore in the quarter ended December 2022 compared to a year ago, mainly due to higher revenues. The consolidated net profit of the company was Rs 551.89 crore in the quarter ended on December 31, 2021, a BSE filing showed. Total income rose to Rs 14,401.95 crore in the quarter from Rs 11,018.73 crore in the same period a year ago. Praveer Sinha, CEO &amp; MD, Tata Power, said in a statement: &#8220;We are pleased to report another quarter of strong financial results with PAT (profit [&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":[146,130,234],"tags":[],"class_list":["post-552885","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552885","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=552885"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552885\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}