In terms of business, Patwardhan says the company‘s coal volumes were flat in FY13. However, he expects FY14 volumes to be 'substantially better' than FY13.
Private power producer Tata Power posted a lower than expected consolidated net loss of Rs 83.8 crore in the second quarter of the current financial year as against a loss of Rs 1,187 crore in a year ago period. The company‘s consolidated net sales increased 17.8% to Rs 7,399 crore from Rs 6,282 crore during the same period.