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Torrent Power net profit rises 604.07% in the March 2014 quarter

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Capital Market

Sales rise 16.34% to Rs 2126.31 crore

Net profit of Torrent Power rose 604.07% to Rs 172.85 crore in the quarter ended March 2014 as against Rs 24.55 crore during the previous quarter ended March 2013. Sales rose 16.34% to Rs 2126.31 crore in the quarter ended March 2014 as against Rs 1827.65 crore during the previous quarter ended March 2013.

For the full year,net profit declined 75.36% to Rs 94.84 crore in the year ended March 2014 as against Rs 384.96 crore during the previous year ended March 2013. Sales rose 6.81% to Rs 8415.55 crore in the year ended March 2014 as against Rs 7879.20 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2126.311827.65 16 8415.557879.20 7 OPM %20.3412.94 -14.4516.49 - PBDT323.02173.49 86 780.961030.67 -24 PBT188.0469.94 169 246.44622.74 -60 NP172.8524.55 604 94.84384.96 -75

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First Published: May 13 2014 | 2:47 PM IST

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