Tata Power Q1 net profit falls 76% at ₹72 cr
India’s largest integrated power company Tata Power on Tuesday reported a 76.1% year-on-year decline in consolidated net profit at ₹72 crore for the June quarter. The loss was on account of a one-time regulatory expense of ₹272 crore and forex losses worth ₹160 crore, analysts said. Further, consolidated revenue dipped 6.4% to ₹6,566 crore during the period under review.