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Tata Power Company reports consolidated net loss of Rs 246.90 crore in the March 2017 quarter

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Capital Market

Sales decline 1.79% to Rs 7166.79 crore

Net loss of Tata Power Company reported to Rs 246.90 crore in the quarter ended March 2017 as against net profit of Rs 82.95 crore during the previous quarter ended March 2016. Sales declined 1.79% to Rs 7166.79 crore in the quarter ended March 2017 as against Rs 7297.74 crore during the previous quarter ended March 2016.

For the full year,net profit rose 20.62% to Rs 948.56 crore in the year ended March 2017 as against Rs 786.39 crore during the previous year ended March 2016. Sales declined 5.43% to Rs 27897.72 crore in the year ended March 2017 as against Rs 29500.89 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales7166.797297.74 -2 27897.7229500.89 -5 OPM %16.2318.79 -18.5020.92 - PBDT492.37925.16 -47 2325.493027.28 -23 PBT-77.47484.17 PL 336.901378.55 -76 NP-246.9082.95 PL 948.56786.39 21

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First Published: May 19 2017 | 5:25 PM IST

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