Tata Power, a Tata Group company, has made a profit (consolidated net profit) of Rs 1,188 crore in the third quarter of the financial year 2024-25. It has increased by 10% on an annual basis. In the same quarter a year ago, the company had a profit of Rs 1,076 crore. In the October-December quarter, the company’s revenue from operations increased by 5% to Rs 15,391 crore. A year ago i.e. in October-December 2023, the company had generated a revenue of Rs 14,651 crore. The money received from selling goods and services is called revenue. It does not include any expenses or deductions. Tata Power’s revenue decreased by 2% on a quarterly basis. The company’s profit has increased by 9% as compared to the previous quarter i.e. July-September. In Q2FY25, the company had a profit of Rs 1,093 crore. During this period, the revenue has decreased by 2%. In the second quarter, the company generated a revenue of Rs 15,698 crore. In the third quarter, Tata Power’s profit increased by 10% on a yearly basis and on a quarterly basis. Note: Figures are in crores of rupees. What is standalone and consolidated? Results of companies come in two parts – standalone and consolidated. In standalone, the financial performance of only one unit is shown. Whereas, in consolidated or consolidated financial report, the report of the entire company is given. Tata Power’s share fell 17% in 6 months Before the quarterly results, the share of Tata Power closed at 361.85 today i.e. Tuesday (4 February) with a rise of 1.96%. The share of the company has fallen 4.44% in one month, 16.78% in six months and 8.16% in one year. The market cap of Tata Power is Rs 1.16 lakh crore.
