Earnings
Tata Power quarterly profit dives nearly 79 percent due to higher expenses
Updated : January 29, 2019 06:37 AM IST
Net profit came in at Rs 127 crore($17.87 million) for the quarter ended Dec. 31, 2018, down from Rs 591 crore a year earlier, the power generator and distributor said on Monday.
Seven analysts on an average expected the company to post a profit of Rs 395 crore , according to Refinitiv Eikon data.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
