Torrent power has reported results for fourth quarter and year ended March 31, 2021.
The company has reported net profit at Rs 414.82 crore for the quarter under review as compared to net loss of Rs 222.18 crore for the same quarter in the previous year. Total income of the company increased by 2.76% at Rs 3069.84 crore for Q4FY21 as compared Rs 2987.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit attributable to owners at Rs 396.93 crore for the quarter under review as compared to net loss of Rs 274.92 crore for the same quarter in the previous year. Total income of the company increased by 3.17% at Rs 3116.54 crore for Q4FY21 as compared Rs 3020.84 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported 7.00% rise in its net profit at Rs 1324.91 crore as compared to Rs 1238.14 crore for the previous year. However, total income of the company decreased by 12.13% at Rs 12026.80 crore for year under review as compared to Rs 13687.13 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported 9.95% rise in its net profit attributed to the owners at Rs 1290.93 crore as compared to Rs 1174.15 crore for the previous year. However, total income of the company decreased by 10.88% at Rs 12314.47 crore for year under review as compared to Rs 13818.22 crore for year ended March 31, 2020.
