Our Company |   Join Our Club |      

news categories



news per location



May 2017



Read our bloggers



Power Plants



  • Directorio de Eficiencia energética

Tata Power announces Q3 FY17 Results.

Jump to the comments

Tata Power announces Q3 FY17 Results; Reports consolidated Profit up by 38% at Rs 599 crore and consolidated operating profit up by 16% at Rs. 1,555 Crore.

 

  • Q3 consolidated Profit After Tax was up by 38% mainly due to improved performance by key Indian subsidiaries & coal companies coupled with a favourable tax credit.
  • Profit from Operations* stood at ₹1,555 crore, up by 16% from Q3 FY16 mainly due to recent solar acquisition, on account of full capacity tie up for MPL and no unfavorable tariff order impact as was in Previous Year Quarter for TPDDL. 
  • Q3 consolidated revenues# for the quarter stood at ₹6,836 crore as compared to ₹6,764 crore in Q3FY16.
  • Q3 standalone profit after tax stood at ₹283 crore.
  • Q3 standalone profit from operations* stood at ₹505 crore.
Business | News published on 10 / 02 / 2017 by Rashmi Nargundkar

Comments in this news Add yours

There are no comments. Add your comment

  Other Interesting News

Model project for commercial internal consumption of solar power Vestas knock down GE Power & Water & regains position as the world's-leading turbine installer Siemens wins EUR790 million substation contract in Qatar. Suzlon Group wins two new UK orders EOI for empanelment of entrepreneurs for promoting Solar Pumps through NABARD/SECI