Kolkata, New Delhi, INDIA. New York, USA.
Business Aajkal, NEW DELHI, 14 May 2025: Torrent Power reported a significant increase in its consolidated net profit for the March quarter, posting Rs 1,077.22 crore, marking a 141% rise compared to the same period last year. This sharp growth was primarily driven by a reversal of deferred tax liabilities amounting to Rs 637.09 crore.
In the corresponding quarter of the previous year, the company’s net profit was Rs 447.04 crore, as per a BSE filing.
Despite the profit surge, the company's total income saw a slight decrease, registering Rs 6,570.69 crore in the March quarter, down from Rs 6,625.45 crore in the same period a year earlier.