Tata Power has posted a consolidated net profit of Rs 1,045.59 crore for the fourth quarter of FY23-24, marking an 11.37 percent increase from the corresponding period of the previous year.
During Q4, the company’s revenue from operations saw a significant uptick of 27 percent, reaching Rs 15,846.50 crore.
The board of directors of Tata Power has proposed a dividend of Rs 2 per equity share, pending approval from shareholders.