Torrent Power: Q1FY18 Results
DSIJ Intelligence / 01 Aug 2017
The company's total sales for Q1FY18 came in at Rs 3058.98 crore, which represents 24.71 per cent sequential increase and 17.81 per cent YoY increase.
Torrent Power reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 3058.98 crore, which represents 24.71 per cent sequential increase and 17.81 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 517.51 crore and its EBIT margin stood at 16.92 per cent.
The company reported PAT of Rs 203.24 crore, which represents a sequential QoQ increase of 49.34 per cent and a YoY increase of 338.11 per cent.
The company's stock opened at Rs. 182.75 on the BSE and recorded intra-day high and low of Rs. 190.40 and Rs. 180.30, respectively.
Torrent Power is engaged in the generation, transmission and distribution of electricity in the states of Gujarat, Maharashtra and Uttar Pradesh. It owns coal, gas, wind and solar based power plants with a generating capacity of 3,334 MW.
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