Torrent Power has reported results for second quarter ended September 30, 2016.
The company has reported 41.93% fall in its net profit Rs 138.68 crore for the quarter under review as compared to Rs 238.80 crore for the same quarter in the previous year. Total income of the company decreased by 15.20% at Rs 2728.44 crore for the quarter under review as compared Rs 3217.63 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 42.95% fall in its net profit after tax, non controlling interest and share of profit/(loss) of an associate at Rs 140.93 crore for the quarter ended September 30, 2016 as compared to Rs 247.01 crore for the same quarter in the previous year. Total Income of the company decreased by 15.55% to Rs 2726.80 crore for quarter under review from Rs 3228.79 crore for the quarter ended September 30, 2015.
