Torrent Power has reported results for third quarter ended December 31, 2016.
The company has reported 70.20% fall in its net profit at Rs 106.13 crore for the quarter under review as compared to Rs 356.14 crore for the same quarter in the previous year. Total income of the company decreased by 22.86% at Rs 2365.79 crore for the quarter under review as compared Rs 3066.86 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 70.30% fall in its net profit after tax, non controlling interest and share of profit of associates at Rs 106.66 crore for the quarter ended December 31, 2016, as compared to Rs 359.08 crore for the same quarter in the previous year. Total income of the company decreased by 22.81% at Rs 2378.51 crore for the quarter under review as compared Rs 3081.28 crore for the corresponding quarter previous year.
