Tata Power Q2 consolidated loss at Rs 1,219 cr

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Tata Power Q2 consolidated loss at Rs 1,219 cr

Tata Power, India's largest power utility in the private sector, has reported a consolidated loss of Rs 1,219 crore in the second quarter of FY12 as against profit of Rs 673 crore in the corresponding quarter of last fiscal.

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Tata Power , India's largest power utility in the private sector, has reported a consolidated loss of Rs 1,219 crore in the second quarter of FY12 as against profit of Rs 673 crore in the corresponding quarter of last fiscal.

Consolidated revenues increased 20.83% to Rs 5,407 crore versus Rs 4,475 during the same period.

The company posted a forex loss of Rs 737 crore in the July-September quarter of FY12 as against gain of Rs 220 crore in a year ago period.