Private power utility Tata Power said its net profit rose by 40.39 per cent to Rs 141.8 crore for the quarter ended December 31,2009.
Total income decreased to Rs 1,611.60 crore for the third quarter ended December compared to Rs 1,822.8 crore in the same period previous fiscal,Tata Power Company said in a filing to the Bombay Stock Exchange.
For April-December,the company posted a net profit of Rs 721 crore,up by 39.72 per cent from that in the same period previous fiscal.
Shares of Tata Power Company were trading at Rs 1,423.20 on BSE,down by 1.19 per cent from its previous close.