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Tata Power reported a net profit of Rs 159.14 crore in Q4

Tata Power has posted a net profit of Rs 159.14 crore on Tuesday for the January-March quarter of 2014-15 against a loss of Rs 145.33 crore in the same quarter of previous fiscal.

The company in a BSE filing said that the total income of the company decreased to Rs 8,227.14 crore for the quarter ended March 31, 2015, from Rs 8954.87 crore for the quarter ended March 31, 2014.

The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs 167.83 crore for the year ended March 31, 2015 against a loss of Rs 259.97 crore for the year ended March 31, 2014.

“Its total income fell to Rs 34,783.59 crore for the year ended March 31, 2015, from Rs 35,311.24 crore for 2013-14”, it said.

The company in a release said, the decrease in the total income is “mainly due to lower realisation in coal companies and lower revenue from Trombay Units.”

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