Torrent Power reports Q3 net profit at Rs 69.8 crore

Image
Press Trust of India New Delhi
Last Updated : Jan 31 2015 | 7:05 PM IST
Torrent Power today reported consolidated net profit of Rs 69.81 crore for the quarter ended December 2014.
However, the company had reported net loss of Rs 35.51 crore in the October-December quarter of the previous fiscal, Torrent Power Ltd said in a filing to the BSE.
Total income from operations increased to Rs 2,542.84 crore as against Rs 2,005.10 crore in the same quarter of last financial year.
Torrent Power further said that its board had in May last year approved an amalgamation of Torrent Energy and Torrent Cables with itself.
"Central Electricity Regulatory Commission vide its order dated January 7, 2015 accorded approval to Torrent Energy Ltd... For merger with Torrent Power Ltd," it said.

More From This Section

First Published: Jan 31 2015 | 7:05 PM IST

Next Story