Torrent Power on Monday reported Rs 483.93 crore consolidated net profit in the March 2023 quarter, mainly on the back of higher revenues.
The company had reported a consolidated net loss of Rs 487.37 crore in the quarter ended March 2022, a BSE filing showed.
Its total income rose to 6,133.70 crore in the quarter from Rs 3,840.59 crore in the year-ago period.
The consolidated net profit in the fiscal 2022-23 rose to Rs 2,164.67 crore from Rs 458.70 crore in the previous fiscal.
Its total income in the fiscal increased to Rs 26,075.97 crore against Rs 14,492.65 crore in 2021-22.
The board has recommended a final dividend of Rs 4 per equity share for 2022-23. This final dividend along with an interim dividend of Rs 22.00 per equity share works out to a total dividend of Rs 26.00 per equity share (including Rs 13.00 per equity share as a special dividend) for the 2022-23.
The final dividend, if declared by the members at the ensuing AGM will be paid to the members, subject to deduc
