Torrent Power posts Q4 loss of Rs 487 cr versus Rs 459 cr profit a year ago

Integrated power utility arm of Torrent Group, Torrent Power Limited posted a net loss of Rs 487 crore for the fourth quarter ended March 31, 2022. The company had registered a net profit of Rs 459 crore in the fourth quarter ended March 31, 2021 period in the previous financial year.

Torrent Power's revenue from operations grew by 21 per cent to Rs 3,744 crore for Q4 of FY22 as against Rs 3,084 crore in Q4 of FY21.

For the full financial year 2021-22, Torrent Power saw its net profit fall by 65 per cent to Rs 459 crore, down from Rs