Torrent Power swung to a profit for the quarter ended June 2014. During the quarter, the company reported a profit of Rs 802.80 million compared with a loss of Rs 101.00 million in the same quarter last year.
Net sales for the quarter rose 16.40% to Rs 25,316.80 million, compared with Rs 21,750 million for the prior year period.
Earnings per share stood at Rs 1.70 compared with negative Rs 0.21 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 25,316.80 | 21,749.80 | 16.40 |
Net Profit | 802.80 | (101.00) | - |
Basic EPS | 1.70 | (0.21) | - |
Shares of the company gained Rs 0.25, or 0.18%, to trade at Rs 142.35. The total volume of shares traded was 147,174 at the BSE (3.49 p.m., Monday).