May 19, 2017 / 9:28 AM / 2 months ago

BRIEF-India's Tata Power posts March-qtr consol loss

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May 19 (Reuters) - Tata Power Company Ltd

* March quarter consol net loss 2.47 billion rupees

* Consensus forecast for march quarter consol profit was 4.26 billion rupees

* March quarter consol total income 73.93 billion rupees

* Consol net profit in march quarter last year was 829.5 million rupees as per Ind-AS; consol total income from operations was INR 74.34 billion

* Recommended dividend of 1.30 rupees per share

* Says approved acquisition of entire stake of tata power green energy from tprel for consideration of INR 174,338

* Says exceptional items of INR 6.51 billion in quarter Source text - (bit.ly/2ryek4T) Further company coverage:

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