Categories Earnings, Energy

Torrent Power Ltd Q4FY23 results out, revenue grows by 61%

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. It is a part of Torrent Group which has presence across pharmaceutical, power and city gas distribution business.

  • Torrent Power Ltd reported Total revenue for Q4 FY23 of ₹6,038 Crore, up from ₹3,744 Crore year on year depicting a growth of 61%.
  • Total Expenses for Q4 FY23 of ₹4,947 Crore up, from ₹2,753 Crore year on year, a growth of 80%. 
  • Consolidated Net Profit of ₹484 Crore, up 199% from -(₹487) Crore in the same quarter of the previous year.
  •  The Earnings per Share is ₹9.34, up 192% from -(₹10.15) in the same quarter of the previous year.

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