Torrent Power has reported results for the first quarter ended June 30, 2020.
The company has reported a rise of 32.66% in its net profit at Rs 366.35 crore for the quarter under review as compared to Rs 276.15 crore for the same quarter in the previous year. However, total income of the company decreased by 20.36% at Rs 2,990.10 crore for Q1FY21 as compared Rs 3754.52 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 35.38% in its net profit attributed to owners at Rs 372.66 crore for the quarter under review as compared to Rs 275.27 crore for the same quarter in the previous year. However, total income of the company decreased by 19.76% at Rs 3041.72 crore for Q1FY21 as compared Rs 3,790.61 crore for the corresponding quarter previous year.
