Torrent Power witnesses 4% revenue growth for Q2 FY24
Torrent Power Limited, one of the leading power companies in India, registered a revenue of Rs 6,961 crore from its operations in the second quarter of FY 2023-24, up 4% compared to Rs 6,703 crore in the same quarter FY 2022-23.
The company reported an EBITDA of Rs 1,330 crore in the Q2 FY24 against the EBITDA of Rs 1,258 crore in the same quarter previous year.
The revenue for the first half of FY24 saw a growth of 8% and touched Rs 14,289 crore in H1 FY24 compared to Rs 13,213 crore last year. The EBITDA for the first half witnessed a rise of 7% to Rs 2,600 crore from Rs 2,427 crore.
