Torrent Power Q1 profit zooms to Rs 203 cr

Torrent Power today reported over four-fold jump in net profit to Rs 203.2 crore for the April- June quarter on the back of rise in revenue from operations.

The company had reported a net profit of Rs 46.3 crore in the corresponding quarter of previous fiscal, according to a regulatory filing by Torrent Power.

Its consolidated income increased to Rs 3,094 crore in the quarter under review from over Rs 2,639 crore in the year-ago period, the filing said.

Torrent Power is one of the leading firms in power sector. It is also engaged in manufacturing and supply of power cables.