Torrent Power Quarterly Results: Check Q1FY23 net profit

The consolidated net profit of the company stood at Rs 207.78 crore in the corresponding quarter of the previous fiscal, Torrent Power said in a BSE filing.

Torrent Power Quarterly Results: Check Q1FY23 net profit
The company's board has approved the appointment of Varun Mehta as its whole-time director, liable to retire by rotation, for five years effective from August 8, 2022, subject to approval of shareholders. Source: Website

Torrent Power on Monday said its consolidated net profit more than doubled to Rs 502.01 crore in the April-June quarter of the current financial year.

The consolidated net profit of the company stood at Rs 207.78 crore in the corresponding quarter of the previous fiscal, Torrent Power said in a BSE filing.

Total income also rose to Rs 6,618.62 crore in the quarter under review from Rs 3,135.23 crore in the same period a year ago.

The company's board has approved the appointment of Varun Mehta as its whole-time director, liable to retire by rotation, for five years effective from August 8, 2022, subject to approval of shareholders.

Varun Mehta is related to Sudhir Mehta, Chairman Emeritus, Samir Mehta, Chairman, and Jinal Mehta, Managing Director of the company.
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-how-long-it-will-take-to-build-rs-5-crore-corpus-target-with-inr-5000-10000-and-15000-monthly-investment-retirement-planning-with-sip-calculator-market-linked-return-334417

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

https://www.zeebiz.com/personal-finance/news-rs-1111-monthly-sip-for-40-yrs-11111-for-20-yrs-or-22222-for-10-years-which-works-best-at-same-expected-return-334395

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-444-day-special-fd-vs-pnb-400-day-fixed-deposit-interest-rate-maturity-calculator-what-will-general-senior-citizens-get-in-return-on-inr-rs-350000-700000-investments-in-guaranteed-fixed-income-333262

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

https://www.zeebiz.com/personal-finance/photo-gallery-ppf-interest-rate-maturity-retirement-corpus-planning-calculator-how-to-get-inr-rs-72000-month-tax-free-income-from-public-provident-fund-calculations-80c-tax-benefits-333983

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

https://www.zeebiz.com/market-news/news-short-term-investment-ideas-stocks-to-buy-for-15-days-axis-direct-recommends-fortis-healthcare-aegis-logistics-check-targets-334316

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

https://www.zeebiz.com/personal-finance/photo-gallery-rs-3500-monthly-sip-for-35-years-vs-rs-35000-monthly-sip-for-16-years-which-can-give-you-higher-corpus-in-long-term-compound-interest-benefits-mutual-fund-return-calculator-retirement-planning-334249

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-how-soon-will-monthly-sip-of-rs-11000-reach-rs-8-crore-corpus-target-retirement-financial-planning-with-sip-calculator-334296

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Written By: PTI
Updated: Mon, Aug 08, 2022
07:11 PM IST
New Delhi, PTI
RELATED NEWS
Torrent Power raises Rs 3,500 crore via QIP Torrent Power raises Rs 3,500 crore via QIP
SKS Power Insolvency: Creditors receive Rs 1,950 crore from Sarda Energy & Mining SKS Power Insolvency: Creditors receive Rs 1,950 crore from Sarda Energy & Mining
This largecap utilties co. more than trebles investors' wealth in last one year This largecap utilties co. more than trebles investors' wealth in last one year

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x