Torrent Power consolidated net profit rises 94.75% in the March 2017 quarter

Sales decline 1.49% to Rs 2452.80 crore

Net profit of Torrent Power rose 94.75% to Rs 136.09 crore in the quarter ended March 2017 as against Rs 69.88 crore during the previous quarter ended March 2016. Sales declined 1.49% to Rs 2452.80 crore in the quarter ended March 2017 as against Rs 2489.95 crore during the previous quarter ended March 2016.

For the full year,net profit declined 52.36% to Rs 429.79 crore in the year ended March 2017 as against Rs 902.24 crore during the previous year ended March 2016. Sales declined 14.19% to Rs 10053.56 crore in the year ended March 2017 as against Rs 11715.84 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2452.802489.95 -1 10053.5611715.84 -14 OPM %28.3921.65 -24.4726.13 - PBDT474.49334.82 42 1593.202212.78 -28 PBT205.4298.88 108 587.341297.04 -55 NP136.0969.88 95 429.79902.24 -52

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