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Torrent Power consolidated net profit declines 88.96% in the March 2019 quarter

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Capital Market

Sales rise 4.07% to Rs 2924.80 crore

Net profit of Torrent Power declined 88.96% to Rs 23.95 crore in the quarter ended March 2019 as against Rs 216.95 crore during the previous quarter ended March 2018. Sales rose 4.07% to Rs 2924.80 crore in the quarter ended March 2019 as against Rs 2810.36 crore during the previous quarter ended March 2018.

For the full year,net profit declined 4.60% to Rs 898.94 crore in the year ended March 2019 as against Rs 942.31 crore during the previous year ended March 2018. Sales rose 14.24% to Rs 13150.97 crore in the year ended March 2019 as against Rs 11512.09 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales2924.802810.36 4 13150.9711512.09 14 OPM %24.2724.56 -24.3327.08 - PBDT533.38578.55 -8 2490.142532.49 -2 PBT220.41275.22 -20 1263.611400.99 -10 NP23.95216.95 -89 898.94942.31 -5

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First Published: May 16 2019 | 3:07 PM IST

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