Torrent Power Q2 Profit Jumps 50% to Rs 742 Cr
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Torrent Power reports a 50% surge in Q2 profit to Rs 742 crore, driven by higher revenues from its generation business. Read the full report.
New Delhi, Nov 11 (PTI) Torrent Power on Tuesday posted nearly 50 per cent jump in consolidated net profit to Rs 741.55 crore for September quarter FY26, mainly on the back of higher revenues from generation business.
The company had a net profit of Rs 495.72 crore in the quarter ended September 30, 2024, according to a regulatory filing.
Total income rose to Rs 7,953.91 crore in the quarter from Rs 7,300.51 crore in the same period a year ago. Revenue from generation business rose to Rs 2,420.92 crore from Rs 1,833.55 crore a year ago.
During the quarter, revenue from transmission and distribution business dipped to Rs 6,367.83 crore from Rs 6,596.61 crore in Q2FY25.
Revenues from renewables increased to Rs 326.62 crore in the quarter from Rs 291.15 crore a year ago.
The company had a net profit of Rs 495.72 crore in the quarter ended September 30, 2024, according to a regulatory filing.
Total income rose to Rs 7,953.91 crore in the quarter from Rs 7,300.51 crore in the same period a year ago. Revenue from generation business rose to Rs 2,420.92 crore from Rs 1,833.55 crore a year ago.
During the quarter, revenue from transmission and distribution business dipped to Rs 6,367.83 crore from Rs 6,596.61 crore in Q2FY25.
Revenues from renewables increased to Rs 326.62 crore in the quarter from Rs 291.15 crore a year ago.
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