Tata Power share price touches 52-week high post Q1 earnings:


Tata Power share price touched a 52-week high of Rs 137.90, rising 2 percent on August 9 after the company posted a 73.70 percent jump in its consolidated net profit at Rs 465.69 crore in the quarter ended June 2021.

It has reported a consolidated net profit of Rs 268.10 crore in the same quarter last year. Total income during April-June 2021 increased to Rs 10,145.89 crore compared with Rs 6,540.42 crore in the year-ago period.

The company’s Q1FY22 consolidated EBITDA was at Rs 2,365 crore, up 16 percent from Rs 2,037 crore in Q1FY21.

News Source:- Moneycontrol

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