{"id":580578,"date":"2023-05-30T11:57:37","date_gmt":"2023-05-30T06:27:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580578"},"modified":"2023-05-30T11:57:37","modified_gmt":"2023-05-30T06:27:37","slug":"torrent-power-q4-net-profit-at-rs-484-crore-dividend-of-rs-4-a-share-approved","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/torrent-power-q4-net-profit-at-rs-484-crore-dividend-of-rs-4-a-share-approved\/","title":{"rendered":"Torrent Power Q4 net profit at Rs 484 crore; dividend of Rs 4 a share approved"},"content":{"rendered":"<p>AHMEDABAD: Torrent Group\u2019s integrated power utility, Torrent Power Limited, on Monday posted Rs 483.93 crore of consolidated net profit in the fourth quarter of fiscal year 2022-23, backed by high revenues. The company had reported a net loss of Rs 487.37 crore in the corresponding quarter of 2021-22, according to the company\u2019s stock exchange filing.<\/p>\n<p>Torrent Power\u2019s total income rose to Rs 6,133.7 crore during the quarter, up 60% as compared to Rs 3,840.59 crore in the corresponding quarter. During the entire fiscal year, the company\u2019s net profit rose 371% from Rs 458.7 crore to Rs 2,164.6 crore. The company\u2019s total income rose 79.9% during the fiscal year to Rs 26,075.97 crore.<\/p>\n<p>The Board at Torrent Power Limited recommended a dividend of Rs 4 per equity share for 2022-23. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>AHMEDABAD: Torrent Group\u2019s integrated power utility, Torrent Power Limited, on Monday posted Rs 483.93 crore of consolidated net profit in the fourth quarter of fiscal year 2022-23, backed by high revenues. The company had reported a net loss of Rs 487.37 crore in the corresponding quarter of 2021-22, according to the company\u2019s stock exchange filing. Torrent Power\u2019s total income rose to Rs 6,133.7 crore during the quarter, up 60% as compared to Rs 3,840.59 crore in the corresponding quarter. During the entire fiscal year, the company\u2019s net profit rose 371% from Rs 458.7 crore to Rs 2,164.6 crore. The company\u2019s [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-580578","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580578","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=580578"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580578\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}