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Torrent Power reports consolidated net loss of Rs 29.29 crore in Q2

30 Oct 2013 Evaluate

Torrent Power has reported results for the second quarter ended September 30, 2013.

The company has reported a net loss of Rs 26.07 crore for the quarter as compared to a net profit of Rs 161.25 crore for the same quarter in the previous year. However, total income of the company has increased by 3.10% at Rs 2298.10 crore for quarter under review as compared to Rs 2228.98 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has reported a net loss of Rs 29.29 crore as compared to a net profit of Rs 164.37 crore in the same quarter previous year. However, total income of the group rose 3.60% to Rs 2320.41 crore for quarter under review as against Rs 2239.83 crore in corresponding quarter previous year.

Peers
Company Name CMP
NTPC 328.35
Tata Power 362.15
Adani Power 203.70
Power Grid Corpn. 264.25
Adani Energy Solut. 1355.05
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