Business Standard

Tata Power Q1 net up 0.1% at Rs 190.55 cr

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BS Reporter New Delhi

Total income of the company for the quarter was recorded at 2074.44 crore, 31.3 per cent higher than Rs 1579.9 crore posted in the corresponding quarter last year.

The company however maintained that the 0.1 per cent increase in net profit is "not comparable due to change in the accounting method which the company undertook this quarter", according to a statement issued by the company.

 

The statement also says that the company has now decided to make the adjustments in revenue in each quarter

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First Published: Jul 25 2008 | 6:25 PM IST

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