{"id":142317,"date":"2023-02-21T05:02:26","date_gmt":"2023-02-21T10:02:26","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142317"},"modified":"2023-02-21T05:02:27","modified_gmt":"2023-02-21T10:02:27","slug":"torrent-power-reported-a-88-percent-jump-in-q3fy23-net-profit","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/torrent-power-reported-a-88-percent-jump-in-q3fy23-net-profit\/","title":{"rendered":"Torrent Power reported a 88 percent jump in Q3FY23 net profit"},"content":{"rendered":"\n<p>Torrent Power Ltd on Tuesday reported an 88% jump in net profit at INR 694.5 crore for the third quarter that ended December 31, 2022. Net profit for the year-ago period was INR 369.4 crore. <\/p>\n\n\n\n<p>During the quarter, total revenue stood at INR 6,442.8 crore, up 71 per cent against INR 3,767.4 crore in the year ago period. At the operating level, EBITDA rose 53 percent to INR 1,527 crore in the third quarter of this fiscal over INR 1000 crore in the year ago period. <\/p>\n\n\n\n<p>The board has approved an interim dividend of INR 22 per equity share (including INR 13 per equity share as a special dividend).<\/p>\n\n\n\n<p>Torrent Power is present across the entire power value chain \u2013 generation, transmission, and distribution. The company has an aggregate installed generation capacity of 4,160 MW comprising 2,730 MW of gas-based capacity, 1,068 MW of renewable capacity, and 362 MW of coal-based capacity.<\/p>\n\n\n\n<p>Further, renewable projects of 736 MW are under development, for which LOAs have been received and PPA has been executed for 428 MW. Total generation capacity, including under-development capacity, will be 4,896 MW with a renewable capacity of 1,804 MW.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4f46533c-3de4-4d2c-b65d-ffeee9fc5be9-841x1024.png\" alt=\"\" class=\"wp-image-142318\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4f46533c-3de4-4d2c-b65d-ffeee9fc5be9-841x1024.png 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4f46533c-3de4-4d2c-b65d-ffeee9fc5be9-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4f46533c-3de4-4d2c-b65d-ffeee9fc5be9-768x935.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4f46533c-3de4-4d2c-b65d-ffeee9fc5be9-1261x1536.png 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4f46533c-3de4-4d2c-b65d-ffeee9fc5be9-1681x2048.png 1681w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Torrent Power Ltd on Tuesday reported an 88% jump in net profit at INR 694.5 crore for the third quarter that ended December 31, 2022. Net profit for the year-ago period was INR 369.4 crore. During the quarter, total revenue stood at INR 6,442.8 crore, up 71 per cent against INR 3,767.4 crore in the [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":142318,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5746],"tags":[9730,9731,1168],"class_list":["post-142317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-energy-stocks","tag-electricity","tag-power-transmission","tag-renewable-energy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4f46533c-3de4-4d2c-b65d-ffeee9fc5be9.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142327,"url":"https:\/\/alphastreet.com\/india\/torrent-power-q3fy23-net-profit-rises-by-88-declares-dividend-of-inr-22\/","url_meta":{"origin":142317,"position":0},"title":"Torrent Power Q3FY23 net profit rises by 88%, declares dividend of INR 22","author":"Chirag Gupta","date":"February 21, 2023","format":false,"excerpt":"Torrent Power Ltd on Tuesday reported an 88% jump in net profit at INR 694.5 crore for the third quarter that ended December 31, 2022. Net profit for the year-ago period was INR 369.4 crore. During the quarter, total revenue stood at INR 6,442.8 crore, up 71 per cent against\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142709,"url":"https:\/\/alphastreet.com\/india\/torrent-pharma-q3fy23-net-profit-rises-by-14-percent\/","url_meta":{"origin":142317,"position":1},"title":"Torrent pharma Q3FY23 net profit rises by 14 percent","author":"Chirag Gupta","date":"February 24, 2023","format":false,"excerpt":"Torrent Pharma reported that its consolidated net profit increased by 14 per cent to INR 283 crore in the third quarter ended December 31, 2022. The drug firm had reported a net profit of INR 249 crore in the October-December period of previous fiscal. Net sales increased to INR 2,459\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":139284,"url":"https:\/\/alphastreet.com\/india\/torrent-pharmaceutical-reports-14-rise-in-its-net-profit-for-q3fy23\/","url_meta":{"origin":142317,"position":2},"title":"Torrent Pharmaceutical reports 14% rise in its net profit for Q3FY23","author":"Chirag Gupta","date":"January 26, 2023","format":false,"excerpt":"Torrent Pharma on Wednesday said its consolidated net profit increased by 14 per cent to INR 283 crore in the third quarter ended December 31, 2022. The drug firm had reported a net profit of INR 249 crore in the October-December period of previous fiscal. Net sales increased to INR\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/f9e2d8fe-3c5a-41de-af28-09727fd365cc.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/f9e2d8fe-3c5a-41de-af28-09727fd365cc.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/f9e2d8fe-3c5a-41de-af28-09727fd365cc.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/f9e2d8fe-3c5a-41de-af28-09727fd365cc.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/f9e2d8fe-3c5a-41de-af28-09727fd365cc.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/f9e2d8fe-3c5a-41de-af28-09727fd365cc.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135722,"url":"https:\/\/alphastreet.com\/india\/powergrid-reported-8-rise-in-its-net-profit-for-q2fy22-declares-a-dividend-of-inr-5\/","url_meta":{"origin":142317,"position":3},"title":"PowerGrid reported 8% rise in its net profit for Q2FY22, declares a dividend of INR 5","author":"Chirag Gupta","date":"November 7, 2022","format":false,"excerpt":"Power Grid Corporation of India reported a 8% year-on-year (YoY) rise in profit after tax (PAT) at INR 3,650 crore for the September 2022 quarter. It reported a PAT of INR 3,338.27 crore in the same quarter previous year. The company reported an increase of 9% in revenue from operations\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":141440,"url":"https:\/\/alphastreet.com\/india\/symphony-q3fy23-net-profit-rises-by-86\/","url_meta":{"origin":142317,"position":4},"title":"Symphony Q3FY23 net profit rises by 86%","author":"Chirag Gupta","date":"February 14, 2023","format":false,"excerpt":"Air cooler and appliances maker Symphony on Wednesday reported 85.71 per cent jump in consolidated net profit at INR 39 crore for the third quarter ended December 2022. The company had logged a net profit of INR 21 crore in October-December period a year ago, Symphony said in a regulatory\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":139043,"url":"https:\/\/alphastreet.com\/india\/uco-bank-reported-two-folds-jump-in-its-q3fy23-net-profits\/","url_meta":{"origin":142317,"position":5},"title":"UCO bank reported two folds jump in its Q3FY23 net profits","author":"Chirag Gupta","date":"January 24, 2023","format":false,"excerpt":"UCO Bank reported more than two-fold jump in profit at INR 653 crore for the quarter ended December 2022, driven by increase in interest income and decline in bad loans. Its net profit stood at INR 310 crore in the same quarter of the preceding financial year. Total income increased\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142317"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/142318"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}