MoneyWorks4Me

Torrent Power reports 31% rise in Q2 consolidated net profit

11 Nov 2022 Evaluate

Torrent Power reported results for second quarter ended September 30, 2022.

The company has reported rise of 38.36% in its net profit at Rs 492.94 crore for Q2FY23 as compared to Rs 356.28 crore for the corresponding quarter previous year. Total income of the company increased by 46.20% to Rs 5133.40 crore for the quarter under review as compared to Rs 3511.18 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 31.27% in its net profit at Rs 484.19 crore for the quarter under review as compared to Rs 368.84 crore for the same quarter in the previous year. Total income of the company increased by 84.52% to Rs 6797.21 crore for the quarter under review as compared to Rs 3683.69 crore for the same quarter in the previous year.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
View more..