Tata Power had reported a loss of 2.42 billion rupees in the year-ago quarter.
Tata Power Co Ltd reported a nearly 44 per cent slump in quarterly profit. (File Photo)
Power generator and distributor Tata Power Ltd on Wednesday posted a profit for the January to March period, its fourth straight profitable quarter.
Profit attributable to owners of company came in at 14.04 billion rupees (USD 210.6 million) for the quarter ended March 31, including a one-off gain of 12.45 billion rupees, the company said.
Tata Power had reported a loss of 2.42 billion rupees in the year-ago quarter. Revenue from operations grew 12.7 per cent for the quarter to 78.95 billion rupees.
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