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Torrent Power Ltd Q3FY24; 46% fall in Profits

Torrent Power Ltd is a leading integrated power utility company in India with presence across generation, transmission and distribution of power. Its operations are spread across the states of Gujarat, Maharashtra, Uttar Pradesh and Karnataka.

Financial Results:

Torrent Power Ltd reported Revenues for Q3FY24 of ₹6,366.00 Crores down from ₹6,443.00 Crore year on year, a fall of 1.2%.

Total Expenses for Q3FY24 of ₹5,906.00 Crores up from ₹5,549.00 Crores year on year, a rise of 6.43%.

Consolidated Net Profit of ₹374.00 Crores down 46.19% from ₹695.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.49, down 47.40% from ₹14.24 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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