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Leading power company Torrent Power has posted Rs. 488 crore showed a consolidated net profit. In the same period last year, Rs. A loss of 484 crores was reported. The consolidated revenue of the company in the March quarter stood at Rs. 6,038 crores. Which was Rs. 3,744 crore showing an increase of 61 per cent.
The net profit of the company for the entire financial year 2022-23 is Rs. 2,171 crores were seen. Which was Rs. 461 crore was registered. The annual income of the company is Rs. 25,694 crores. Which was Rs. 14,258 crore was recorded. Torrent Power’s RLNG annual revenue of Rs. 3,069 crore included sales. From the board of the company Rs. A dividend of 4 was recommended. Which earlier he Rs. 22 is in addition to the interim dividend. The board of the company has raised through private placement in one or two tranches up to Rs. Also approved the issue of non-convertible debentures of Rs 3,000 crore. Sameer Mehta, Chairman, Torrent Power said that the company has successfully integrated 5 acquisitions during the year. This included the business of Daman and Diu and Dadra Nagar Haveli. In addition, he commissioned a 156 MW wind power plant and a 125 MW solar power plant. During the year the company earned Rs. 2,938 crore capital expenditure.
