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Tata Power Company net profit declines 57.92% in the March 2014 quarter

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Capital Market

Sales decline 21.24% to Rs 1602.23 crore

Net profit of Tata Power Company declined 57.92% to Rs 84.18 crore in the quarter ended March 2014 as against Rs 200.03 crore during the previous quarter ended March 2013. Sales declined 21.24% to Rs 1602.23 crore in the quarter ended March 2014 as against Rs 2034.38 crore during the previous quarter ended March 2013.

For the full year,net profit declined 6.89% to Rs 954.08 crore in the year ended March 2014 as against Rs 1024.69 crore during the previous year ended March 2013. Sales declined 11.30% to Rs 8054.91 crore in the year ended March 2014 as against Rs 9081.33 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1602.232034.38 -21 8054.919081.33 -11 OPM %31.0428.57 -31.7122.66 - PBDT417.93503.16 -17 2078.302067.48 1 PBT254.82577.58 -56 1491.161703.38 -12 NP84.18200.03 -58 954.081024.69 -7

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First Published: May 30 2014 | 1:23 PM IST

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