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Torrent Power standalone net profit declines 95.38% in the March 2016 quarter

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Capital Market

Sales rise 5.34% to Rs 2427.39 crore

Net profit of Torrent Power declined 95.38% to Rs 17.06 crore in the quarter ended March 2016 as against Rs 369.43 crore during the previous quarter ended March 2015. Sales rose 5.34% to Rs 2427.39 crore in the quarter ended March 2016 as against Rs 2304.35 crore during the previous quarter ended March 2015.

For the full year,net profit rose 9.96% to Rs 815.96 crore in the year ended March 2016 as against Rs 742.06 crore during the previous year ended March 2015. Sales rose 13.86% to Rs 11203.27 crore in the year ended March 2016 as against Rs 9839.22 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2427.392304.35 5 11203.279839.22 14 OPM %19.1829.56 -25.5420.70 - PBDT233.72664.01 -65 2015.461680.02 20 PBT16.55526.49 -97 1171.231132.04 3 NP17.06369.43 -95 815.96742.06 10

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First Published: May 19 2016 | 9:44 AM IST

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