In this article we providing you the quarter 4th result data of Tata Power stock. and overview about that.
Table of Contents
Tata Power is a leading Indian electric utility company that generates, distributes, and sells electricity to industrial, commercial, and residential customers. The company operates in more than 35 locations across India and has a total installed capacity of 12,742 MW. The company recently released its Quarter 4 results for 2023 in April, providing an insight into its performance for the period.
Key Highlights of Tata Power’s Q4 2023 Results
The Q4 2023 results of Tata Power provide a comprehensive view of the company’s financial and operational performance during the period. The key highlights of the results are:
1. Increase in Revenue In Tata power
Tata Power reported a revenue of INR 10,978 crores for the Q4 2023 period, representing a 16% increase from the same period in the previous year. The increase in revenue can be attributed to higher sales volume and tariff rates.
2. Net Profit In Tata power
The net profit of Tata Power for the Q4 2023 period was INR 729 crores, representing a 46% increase from the same period in the previous year. The increase in net profit can be attributed to a reduction in finance costs and an increase in operating income.
3. Power Generation
Tata Power’s total power generation for the Q4 2023 period was 3,336 million units (MU), representing a 6% increase from the same period in the previous year.
what was the revenue growth rate for Tata Power in Q4 2023?
Tata Power’s consolidated revenue from operations for the fourth quarter of 2023 was Rs 12,454 crore, up 4.1% from the same period the prior fiscal year, according to 1. The transmission and distribution business saw a 16% YoY growth, which helped to support the expansion. The segments for generation and renewable energy saw a de-growth, though.
what was the net profit of Tata Power in Q4 2023?
According to 1, Tata Power’s net profit for the fourth quarter of 2023 was Rs 938.81 crore, a 48.5% increase over the same time in the previous year. This outcome was higher than the projected net profit of Rs. 693.8 crore.
how does the Q4 2023 revenue growth rate compare to previous quarters?
states that Tata Power’s consolidated revenue from operations for the fourth quarter of 2023 increased by 4.1% from the same time the prior fiscal year. How this growth rate relates to the revenue growth rates of prior quarters, however, is not immediately apparent from the search results.
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