Q3FY17 Results : Tata Power Company Ltd

Bhagyashree Vivarekar / 10 Feb 2017

Q3FY17 Results : Tata Power Company Ltd

The company reported PAT of Rs 172.6 crore, which represents a sequential QoQ decline of 12.81 per cent and a YoY increase of 592.62 per cent.

Tata Power Company Ltd. reported its results for the quarter ended December 31, 2016 today.

The company posted total sales of Rs 6683.74 crore for Q3FY17, which represents a 7.28 per cent sequential decline and 9.1 per cent YoY decline.

Its operating profit (EBIT) for the quarter was Rs 871.05 crore and its EBIT margin was 13.03 per cent.

The company reported PAT of Rs 172.6 crore, which represents a sequential QoQ decline of 12.81 per cent and a YoY increase of 592.62 per cent.

Tata Power Co Ltd is an Indian private power utility company having operations in sections like wind power, thermal power, hydro power, transmission business and distribution business. The company has generation capacities in Mumbai, Delhi, Karnataka, Jojobera and Jharkhand

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