Torrent Power on Thursday posted over 31 per cent rise in its consolidated net profit at Rs 484.19 crore in September quarter compared to a year ago, mainly due to higher revenues.
The consolidated net profit of the company was Rs 368.84 crore in the quarter ended on September 30, 2021, a BSE filing showed.
Total income of the company rose to Rs 6,797.2 crore in the quarter from Rs 3,683.69 crore in the same period a year ago.
Major reasons for improvement in the total comprehensive income for the quarter on y-o-y (year-on-year) basis are: increase in contribution from franchised distribution business due to reduction in T&D (Transmission and Distribution)
