Tata Power Q2, FY24 Results

Tata Power has recorded a near nine percent increase in net profit at Rs 1,017 crore for the July-Sept quarter of the current financial year. The company had a net profit of Rs 935 crore in the same period last year. The profit was driven by higher revenue from the company's core businesses of generation, transmission, and distribution. The firm has resolved pending tariff-related matters of its hydropower plant in Zambia and received part of the pending dues of $102 million from Zambia Electricity Supply Corporation. Watch the analysis of the results with Praveer Sinha, CEO and Managing Director, Tata Power, in conversation with BTTV Managing Editor Siddharth Zarabi.