Torrent Power reports 45% fall in Q2 net profit

Torrent Power Ltd. | Power Generation/Distribution | Power | BSE: 532779 | NSE: TORNTPOWER

29 Oct 2012 Evaluate

Torrent Power has reported results for second quarter ended September 30, 2012.

The company has registered a fall of 44.77% in its net profit at Rs 161.25 crore for the quarter ended September 30, 2012 as compared to Rs 291.98 crore for the same quarter in the previous year. However, total income from operation has increased by 10.12% at Rs 2228.98 crore for quarter under review as compared to Rs 2024.09 crore for the quarter ended September 30, 2011.

Torrent Power (TPL) is engaged in generation, transmission and distribution of power. The company generates 400 MW from its coal-based thermal power station located at Sabarmati.

Peers

Company Name	CMP
NTPC	329.35
Tata Power	362.35
Adani Power	203.75
Power Grid Corpn.	264.30
Adani Energy Solut.	1356.00
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