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17-Aug-2024

Tata Power Company

Sales up 14%, net nearly stood flat


'Consolidated net sales (including other operating income) of Tata Power Company has increased 13.67% to Rs 17293.62 crore.  Operating profit margin has declined from 17.97% to 17.94%, leading to 13.50% rise in operating profit to Rs 3,102.70 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 6.47% to 6.04%.   Purchase of finished goods cost fell from 0.06% to 0.03%.   Employee cost decreased from 6.37% to 5.83%.   Other expenses fell from 67.85% to 67.49%.   Power and Oil fuel cost fell from 57.94% to 56.78%.   Other direct service cost rose from 1.93% to 2.04%.   Other income fell 8.86% to Rs 247.36 crore.  PBIDT rose 11.48% to Rs 3350.06 crore.  Provision for interest fell 3.70% to Rs 1176.24 crore.  PBDT rose 21.88% to Rs 2173.82 crore.  Provision for depreciation rose 8.89% to Rs 972.89 crore.  Profit before tax grew 34.91% to R...



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