Tata Power's Q4 net profit jumps two-fold

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Tata Power's Q4 net profit jumps two-fold

May 20, 2020 16:39 IST

Tata Power reported a two-fold year-on-year jump in its March quarter net profit to ₹475 crore from ₹172 crore. Consolidated revenue stood at ₹6,881 crore compared with ₹7,597 crore in the corresponding quarter last year. The company has approved a final dividend of ₹1.55 per equity share. Following the results, scrips of Tata Power jumped 7%.

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