Torrent Power today reported a 70 per cent decline in consolidated net profit for the December quarter at Rs 106.66 crore.
"The group has posted a net profit after tax, non controlling interest and share of profit of associates of Rs 106.66 crore for the quarter ended December 31, 2016 as compared to Rs 359.08 crore for the quarter ended December 31, 2015," Torrent Power said in a BSE filing.
According to the statement, total income decreased from Rs 3,081.28 crore to Rs 2,378.51 crore for the quarter ended December 31, 2016.
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