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Published 11 Nov 05:54pm
Maharashtra, Mumbai

Torrent Power Q2 revenue from operations stood at Rs.6703 cr

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Torrent Power Q2 revenue from operations stood at Rs.6703 cr
Maharashtra, Mumbai,
Published 11 Nov 05:54pm

Description

EBITDA was at Rs.1258 crore for the quarter.

Torrent Power Limited announced financial results for the quarter ended September 30, 2022.

The company's revenue from operations stood at Rs.6703 crore for Q2.

EBITDA was at Rs.1258 crore for the quarter.

The major reasons for improvement in the Total Comprehensive Income for the quarter on y-o-y basis are increase in contribution
from franchised distribution business due to reduction in T&D losses on account of continuous and sustained focus on Loss reduction activities and increase in electricity demand;
Improved performance of licensed distribution businesses; Net gain from trading of LNG and increase in Finance Cost.
Maharashtra, Mumbai
Thane Mumbai