Tata Power has reported a consolidated profit after tax (PAT) of ₹2,050 million (~$28.9 million) in the third quarter of FY 2018-19. When compared to the consolidated PAT in Q3 2017-18, it is a decline of approximately 67 percent. In Q3 FY 2017-18, Tata Power’s PAT stood at ₹6,280 million (~$88.5 million). The decline can be attributed to lower profits from the company’s coal business as Tata Power’s renewable business during Q3 FY 2018-19 proved to be good.