Tata Power: 85% increase in profit.. Tata Power did the incident! – Tata power net profit surges 85 percent in 2022 September quarter with strong performance

Tata Power has released its September quarter earnings today. Accordingly, Tata Power’s net profit rose 85% to Rs 935.18 crore in the September quarter. Tata Power’s net profit for the September quarter last year was Rs 505.66 crore.

Tata Power’s total income rose to Rs 14,181.07 crore in the September quarter. Tata Power’s total income for the September quarter of last year was Rs 10,187.33 crore.

It is noteworthy that Tata Power’s profit after tax has been rising for 12 consecutive quarters. Tata Power has reported strong growth in all segments including generation, transmission and distribution.

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Praveer Sinha, CEO of Tata Power, said in a statement that the profit after tax has been rising for 12 consecutive quarters which shows the strong foundation of the industry.

Tata Power shares fell 0.24% to close at Rs 225.30 at the close of trading today.