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Torrent Power profit surges 31 pc in Q3 to Rs 489 crore
Zuber Ansari
India
04-Feb-2025 11:56 PM
5378
New Delhi, Feb 4 (Reporter) Torrent Power on Tuesday reported a 31% year-on-year rise in consolidated net profit to Rs 489.33 crore for the October-December quarter (Q3) of the current financial year 2024-25. The company had posted a profit of Rs 374.13 crore in Q3 of the previous financial year 2023-24. Torrent Power's revenue from operations during the December quarter of the current financial year stood at Rs 6,499.38 crore as compared to Rs 6,366.09 crore in the corresponding period of the previous financial year. The Board of Directors of the company at its meeting today approved an interim dividend of Rs 14 per equity share for FY25. Torrent Power is one of the largest companies in the country’s power sector with presence across the entire power value chain – generation, transmission and distribution. Torrent Power shares closed in green on the NSE on Tuesday...////...
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