{"id":633886,"date":"2024-02-12T09:46:05","date_gmt":"2024-02-12T04:16:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633886"},"modified":"2024-02-12T11:10:00","modified_gmt":"2024-02-12T05:40:00","slug":"tata-power-q3fy24-results-net-profit-remains-muted-at-rs-953-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-q3fy24-results-net-profit-remains-muted-at-rs-953-crore\/","title":{"rendered":"Tata Power Q3FY24 results: Net profit remains muted at Rs 953 crore"},"content":{"rendered":"<p>Power producer and distributor Tata Power on Friday reported a flat net profit of Rs 953 crore for the December quarter (Q3FY24). <\/p>\n<p>In the quarter under review, it reported a 0.8 per cent rise in its consolidated net profit compared to a year ago. The net sales for the company in the same period also registered a modest growth of 3.7 per cent to Rs 14,651 crore from a year ago. <\/p>\n<p>In a Bloomberg poll, six analysts estimated an adjusted net income of Rs 895 crore and nine analysts estimated a revenue of Rs 15,636 crore. The company missed Street expectations for revenue generation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power producer and distributor Tata Power on Friday reported a flat net profit of Rs 953 crore for the December quarter (Q3FY24). In the quarter under review, it reported a 0.8 per cent rise in its consolidated net profit compared to a year ago. The net sales for the company in the same period also registered a modest growth of 3.7 per cent to Rs 14,651 crore from a year ago. In a Bloomberg poll, six analysts estimated an adjusted net income of Rs 895 crore and nine analysts estimated a revenue of Rs 15,636 crore. The company missed Street [&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-633886","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\/633886","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=633886"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633886\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}