Torrent Power reported a 146.30% year-on-year growth in its net profit for the quarter ended March 2025 at ₹1,059.60 Crore.
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The company could be able to cater to the country’s increasing power demand, support peak demand, and balance the renewables.
The positive trend of March and April was sustained in May, but the rate growth may be slowing
The Indian equity indices ended on a flat note with Nifty around 24,700 amid volatility on June 2.
For the full fiscal FY25 the company see-sawed into profits, reporting a net profit of ₹437.62 crore as against net loss of ₹48.16 crore in FY24
These projects operate under the Build-Operate-Transfer (BOT) model and span a combined length of approximately 1,800 lane kilometres.
The business has invested ₹79.20 Crore in the current tranche.
With this project, the company is expected to get approximately 700 Million Units of renewable power annually.
The company’s revenue from operations for the quarter ended January to March 2025 declined 2.2% to ₹940.6 crore from ₹961.3 crore from Q4 FY24.
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