Tata Power Renewable Energy standalone net profit rises 4584.23% in the March 2022 quarter

Sales rise 72.72% to Rs 488.77 crore

Net profit of Tata Power Renewable Energy rose 4584.23% to Rs 130.69 crore in the quarter ended March 2022 as against Rs 2.79 crore during the previous quarter ended March 2021. Sales rose 72.72% to Rs 488.77 crore in the quarter ended March 2022 as against Rs 282.99 crore during the previous quarter ended March 2021.

For the full year,net profit rose 1415.56% to Rs 188.99 crore in the year ended March 2022 as against Rs 12.47 crore during the previous year ended March 2021. Sales rose 26.06% to Rs 1403.34 crore in the year ended March 2022 as against Rs 1113.20 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales488.77282.99 73 1403.341113.20 26 OPM %88.3077.02 -82.9180.57 - PBDT349.46113.80 207 776.74455.21 71 PBT176.283.93 4385 262.5017.93 1364 NP130.692.79 4584 188.9912.47 1416

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