Torrent Power Q3 profit rises 35%, approves ₹7,000 crore NCD
after close1 source ↓written by the desknot a recommendation
- in consolidated net
- 35% y-o-y increase
- for Q3
- ₹643 crore
- interim dividend
- ₹15 per share
- from operations rose
- 4.3% y-o-y
- ₹6,778 crore
Torrent Power reported a 35% y-o-y increase in consolidated net profit to ₹643 crore for Q3, alongside an interim dividend of ₹15 per share. Revenue from operations rose 4.3% y-o-y to ₹6,778 crore, driven by strong growth in generation and renewable energy segments. The company also approved a plan to raise up to ₹7,000 crore through non-convertible debentures (NCDs).
Not investment advice. For informational purposes only.