Torrent Power Shares Rise Over 10% After Q3 Net Profit Jumps 88%

Torrent Power, a leading integrated power utility firm, saw its share price climb sharply in Wednesday's trading session after the company delivered a robust performance for the December quarter. The power company on Tuesday posted an impressive 88% rise in its consolidated net profit at ₹695 crore for the third quarter of the current fiscal, aided by higher revenues.