The record
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- Tata Power reported an 11% rise in net profit to ₹1,401 crore for the June quarter of the current fiscal year, compared with ₹1,262 crore in the same period last year.
- The company's revenue grew 8% from ₹17,464 crore to ₹18,898 crore, which was cited as a reason for the profit increase.
- The renewable energy business contributed a profit of ₹612 crore during the quarter.
What to watch next
- Performance of the renewable energy business in coming quarters, which contributed ₹612 crore in profit
- Whether revenue growth continues after the 8% rise this quarter
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Named India · New Delhi · PTI · Tata Power
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