Coal news and updates

Tata Power Q3 PAT increases 16.06%

February 10:  Tata Power, a leading private power producer in India, posted a net profit of Rs 251.13 crore during Q3 of FY’14, up 16.06% as compared to Rs 216.38 crore earned during the corresponding quarter of the previous fiscal, according to a company statement.

During the quarter, the company’s total income from operations stood at Rs 2,007.92 crore against Rs 2,549.11 crore earned during Q3 of FY’12.

On the other hand, total expenses of the company during Q3 of FY’14 stood at Rs 1,444.51 crore as compared to Rs 2,107.17 crore reported during the same period last year.