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Tata Power Co Ltd posted a loss in the fourth quarter on
Friday compared with a profit a year earlier as it incurred a one-time charge
towards contractual obligations.
The company posted a
consolidated net loss for the quarter ended March 31 of 2.47 billion rupees
($38.12 million), compared with a profit of 829.5 million rupees a year
earlier.
Consolidated exceptional loss
towards contractual obligations amounted to 6.51 billion rupees, Tata Power
said.
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