{"id":555664,"date":"2023-02-15T10:16:07","date_gmt":"2023-02-15T04:46:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=555664"},"modified":"2023-02-15T11:36:49","modified_gmt":"2023-02-15T06:06:49","slug":"torrent-power-soars-9-post-q3-results-announces-special-dividend","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/torrent-power-soars-9-post-q3-results-announces-special-dividend\/","title":{"rendered":"Torrent Power soars 9% post Q3 results; announces special dividend"},"content":{"rendered":"<p>Shares of Torrent Power surged 9 per cent to Rs 499 on the BSE in Wednesday\u2019s intra-day trade after the company reported strong earnings for the December quarter (Q3FY23), with consolidated net profit up 88 per cent year-on-year (YoY) at Rs 695 crore on account of higher income. The integrated power utilities company had posted profit of Rs 369 crore in a year ago quarter (Q3FY21).<\/p>\n<p>The board also approved an interim dividend of Rs 22 per equity share, including Rs 13 per equity share as a special dividend.The company fixed Wednesday, February 22, 2023 as record date for the interim dividend purpose.<\/p>\n<p>In Q3FY23, Torrent Power\u2019s revenue from operations rose 71 per cent YoY to Rs 6,443 crore from Rs 3,767 crore in the year-ago period. Ebitda (earnings before interest, taxes,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Torrent Power surged 9 per cent to Rs 499 on the BSE in Wednesday\u2019s intra-day trade after the company reported strong earnings for the December quarter (Q3FY23), with consolidated net profit up 88 per cent year-on-year (YoY) at Rs 695 crore on account of higher income. The integrated power utilities company had posted profit of Rs 369 crore in a year ago quarter (Q3FY21). The board also approved an interim dividend of Rs 22 per equity share, including Rs 13 per equity share as a special dividend.The company fixed Wednesday, February 22, 2023 as record date for the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-555664","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/555664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=555664"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/555664\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=555664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=555664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=555664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}