According to the statement, the company’s total income decreased to Rs 1,971.69 crore in the quarter from Rs 2,403.36 crore from the year-ago period.
The company is mainly into power generation from hydro electric stations. Other operations like contracts, project management and consultancy work do not form a reportable segment as per IND AS-108 on operating segment, it said.
The company’s net profit in April-September this fiscal too dropped to Rs 1,881.30 crore from Rs 2,412.48 crore a year ago. The company’s net profit for last fiscal was Rs 2,795.59 crore.
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