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Torrent Power reports 88% rise in Q3 consolidated net profit

15 Feb 2023 Evaluate

Torrent Power has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported rise of 82.79% in its net profit at Rs 694.94 crore for Q3FY23 as compared to Rs 380.18 crore for the corresponding quarter previous year. Total income of the company increased by 33.28% to Rs 4961.99 crore for the quarter under review as compared to Rs 3722.89 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 88% in its net profit at Rs 694.54 crore for Q3FY23 as compared to Rs 369.45 crore for the same quarter in the previous year. Total income of the company increased by 70.26% to Rs 6526.44 crore for the quarter under review as compared to Rs 3833.14 crore for the same quarter in the previous year.

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