Torrent Power June Quarter Results: Torrent Power’s revenue increased by 23.3 percent to Rs 9,033.7 crore in the June quarter, compared to Rs 7327.6 crore in the same period of the last financial year. Company’s EBITDA increased by 56.8% to ₹1,857.9 crore in the first quarter
Torrent Power Company has announced the results of the first quarter of the current business year. Giving information in the exchange filing, the company said that the company’s profit has increased from Rs 532.3 crore to Rs 996.3 crore annually. The company’s profits have almost doubled. Profit has increased by about Rs 464 crore.
If we talk about the company’s earnings, there has also been a significant increase in them. The company’s earnings have increased to Rs 9033.7 crore on an annual basis. The income in the last business year was Rs 7,327.6 crore. Talking about EBITDA, it has also increased.
EBITDA has increased from approximately Rs 1,184.8 crore to Rs 1,857.9 crore annually. Talking about EBITDA margin, it has increased from 16.2% to 20.6% annually.
Rise in stock
In today’s trading session, the stock closed at 1599.65 with a slight rise. In today’s session the stock gained 0.30% with a gain of 4.75 points. The company’s stock has given returns of 7.25 percent in the last 1 week, 6.87 percent in 1 month and 6.68 percent in 3 months. Apart from this, in long term the stock has given returns of 138.36 percent in 1 year and 251.78 percent in 3 years.
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