Tata Power Company reports standalone net loss of Rs 309.94 crore in the March 2020 quarter

Sales decline 18.67% to Rs 1764.42 crore

Net loss of Tata Power Company reported to Rs 309.94 crore in the quarter ended March 2020 as against net profit of Rs 69.16 crore during the previous quarter ended March 2019. Sales declined 18.67% to Rs 1764.42 crore in the quarter ended March 2020 as against Rs 2169.44 crore during the previous quarter ended March 2019.

For the full year,net profit declined 91.63% to Rs 148.12 crore in the year ended March 2020 as against Rs 1768.70 crore during the previous year ended March 2019. Sales declined 6.41% to Rs 7726.39 crore in the year ended March 2020 as against Rs 8255.25 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1764.422169.44 -19 7726.398255.25 -6 OPM %7.3227.05 -24.0832.34 - PBDT-144.39242.20 PL 932.401685.87 -45 PBT-316.5781.63 PL 246.651053.17 -77 NP-309.9469.16 PL 148.121768.70 -92

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