Torrent Power turns to consolidated profit in Jul-Sep quarter
Source: IRIS | 04 Nov, 2014, 05.47PM
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| Rating: NAN / 5 stars. |
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Torrent Power swung to a consolidated profit for the quarter ended September 2014. During the quarter, the company reported a profit of Rs 230.70 million compared with a loss of Rs 292.90 million in the same quarter previous year. Net sales for the quarter rose 19.54% to Rs 27,120.90 million, compared with Rs 22,688 million for the prior year period. Earnings per share stood at Rs 0.49 compared with negative Rs 0.62 in the same quarter last year.
| Quarterly Results - consolidated (Rs in mn) | | As at | Sep - 14 | Sep - 13 | %Change | | Net Sales | 27,120.90 | 22,688.00 | 19.54 | | Net Profit | 230.70 | (292.90) | - | | Basic EPS | 0.49 | (0.62) | - | Shares of the company declined Rs 0.7, or 0.43%, to settle at Rs 163.80. The total volume of shares traded was 128,757 at the BSE (Monday).
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