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Tata Power reports a 9% rise in Q1 net profit, with renewables seeing a 95% profit increase.
Tata Power reported a 9% rise in Q1 net profit to ₹1,060 crore, with revenue increasing 4% to ₹18,035 crore.
The renewables business saw a significant 95% year-on-year profit increase, and the company added 94 MW of renewable capacity, bringing total operational capacity to 5.6 GW.
Tata Power also expanded its distribution license in Maharashtra and started cross-border power sales from a hydroelectric project in Bhutan.
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Tata Power informa un aumento del 9% en el beneficio neto del primer trimestre, y las energías renovables registraron un aumento del 95% en los beneficios.