Torrent Power posts Rs 23.07 cr profit for July-Sep

Torrent Power today reported a consolidated net profit of Rs 23.07 crore for the quarter ended September 30, 2014.
It had posted a net loss of Rs 29.29 crore in the quarter ended September 30, 2013.
Total income of the company increased to Rs 2,783.74 crore during the July-September quarter of the current financial year from Rs 2,320.41 crore in the same quarter last year, Torrent Power said in a regulatory filing.
On a standalone basis, the company posted a net profit of Rs 57 crore for the quarter ended September 30, 2014, against a loss of Rs 26.07 crore for the quarter ended September 30, 2013.

Total income, on standalone basis, increased to Rs 2,746.84 crore for the quarter ended September 30, 2014 from from Rs 2,298 crore in the same period last fiscal.
Shares of the company closed at Rs 163.80, down 0.43 per cent on the BSE.