Tata Power Company, an integrated power company, witnessed a rise in share price on Wednesday after it announced swung to a consolidated profit for the quarter ended March 2015.

During the quarter, the company reported a profit of Rs 1.59 billion compared with a loss of Rs 1.45 billion in the same quarter last year.

Total income for the quarter declined 8.13% to Rs 82.27 billion, compared with Rs 89.55 billion for the prior year period.

Shares of Tata Power Company are trading at Rs 78.50, up Rs 2.65, or 3.49% at the Bombay Stock Exchange (BSE) on Wednesday at 9:38 a.m.

Total volume of shares traded on the bourses today was lower by 1.94% to 2,824,961 compared with 22-day average volume of 2,880,993.