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Torrent Power reports net loss of Rs 10.10 crore in Q1

26 Jul 2013 Evaluate

Torrent Power has reported results for first quarter ended June 30, 2013.

The company has reported a net loss of Rs 10.10 crore for the quarter as compared to a net profit of Rs 104.36 crore for the same quarter in the previous year.  However, total income from operation of the company has increased by 4.27% at Rs 2230.16 crore for quarter under review as compared to Rs 2138.76 crore for the quarter ended June 30, 2012.

On the consolidated basis, the company has reported a net loss after taxes, minority interest of Rs 7.39 crore for the quarter as compared to a Net Profit of Rs 104.43 crore for the same quarter in the previous year.  However, total income from operation of the company has increased by 5.06% at Rs 2259.79 crore for quarter under review as compared to Rs 2150.86 crore for the quarter ended June 30, 2012.

Peers
Company Name CMP
NTPC 328.35
Tata Power 362.10
Adani Power 203.40
Power Grid Corpn. 264.35
Adani Energy Solut. 1351.20
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