Half Year 2020 Tata Power Company Ltd Earnings Call Transcript

Nov 08, 2019 / 01:00PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Tata Power Q2 FY '20 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Praveer Sinha from the company. Thank you, and over to you, Mr. Sinha. Mr. Praveer Sinha, you may go ahead.

Praveer Sinha - The Tata Power Company Limited - CEO, MD & Director

So thank you, Hemant, and good evening, and welcome to the earnings call to discuss the Q2 results. The company has performed well across all businesses and operations in Q2 and has achieved consistent performance. This quarter has been driven by lower losses of Mundra due to better cost management of coal, better operational performance of all the regulated business, including Maithon and Delhi Distribution and higher EPC orders in Tata Power Solar. But for the nearly INR 158 crores of one-time tax adjustments for past periods in the coal companies, the results would have been much better.

The consolidated revenue grew by 1% from INR 7,279 crores to INR 7

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