Tata Powers
MARCH 2009 FINANCIAL HIGHLIGHTS
During the year, the Company reported its highest ever Profit after Tax (PAT) of Rs. 922.20 crores, as against Rs. 869.90 crores for the previous year, a growth of 6%.The Operating Revenue is also higher at Rs. 7,236.23 crores, as against Rs. 5,915.91 crores, a growth of 22.3%.
Operating Revenue is higher mainly owing to new tariff approved by the Regulator in Mumbai Licensed Area,additional power generated from new plants commissioned during the year,such as Haldia Power Plant and new wind farms and higher volume sold in Jojobera and Belgaum in the current year. The Operating Profit went up by 21.8% due to operational efficiencies and higher volume of business.
Higher dividend received during the year and gain on exchange (net) resulted in higher other income of Rs. 632.35 crores (previous year Rs. 497.85 crores).
Earnings per share (Basic) showed an increase of 13.07% to Rs.43.69 as against Rs. 38.64 in the previous year.
The Consolidated Revenue at Rs. 17,587.53 crores grew by 61.49% and PAT at Rs. 1,218.74 crores grew by 15.51 % as against Rs. 10,890.86 crores and Rs. 1,055.07 crores respectively, for the previous year.The increase in the Consolidated Revenue is primarily on account of:
- Contribution from the overseas coal companies has been considered for the full year as against nine months for the previous year.
- Contribution from North Delhi Power Limited as a subsidiary for the full year. In the previous year, it was treated as a Joint Venture company for nine months.
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During the year, the Company reported its highest ever Profit after Tax (PAT) of Rs. 922.20 crores, as against Rs. 869.90 crores for the previous year, a growth of 6%.The Operating Revenue is also higher at Rs. 7,236.23 crores, as against Rs. 5,915.91 crores, a growth of 22.3%.
Operating Revenue is higher mainly owing to new tariff approved by the Regulator in Mumbai Licensed Area,additional power generated from new plants commissioned during the year,such as Haldia Power Plant and new wind farms and higher volume sold in Jojobera and Belgaum in the current year. The Operating Profit went up by 21.8% due to operational efficiencies and higher volume of business.
Higher dividend received during the year and gain on exchange (net) resulted in higher other income of Rs. 632.35 crores (previous year Rs. 497.85 crores).
Earnings per share (Basic) showed an increase of 13.07% to Rs.43.69 as against Rs. 38.64 in the previous year.
The Consolidated Revenue at Rs. 17,587.53 crores grew by 61.49% and PAT at Rs. 1,218.74 crores grew by 15.51 % as against Rs. 10,890.86 crores and Rs. 1,055.07 crores respectively, for the previous year.The increase in the Consolidated Revenue is primarily on account of:
- Contribution from the overseas coal companies has been considered for the full year as against nine months for the previous year.
- Contribution from North Delhi Power Limited as a subsidiary for the full year. In the previous year, it was treated as a Joint Venture company for nine months.
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