Torrent Power on Wednesday reported over 88 per cent fall in its consolidated net profit at Rs 25.80 crore for the quarter ended March 2019 as compared toRs 221.25 crore in the year-ago period.
Torrent Power’s total income rose slightly to Rs 2,964.65 crore in the March quarter from Rs 2,909.12 crore in the corresponding quarter last year.
The company’s consolidated net profit for 2018-19 also dipped to Rs 903.83 crore from Rs 952.12 crore in the previous fiscal. However, its total income in 2018-19 increased to Rs 13,340.56 crore from Rs 11,775.64 crore in the previous fiscal.
