Torrent Power Records 9% YoY Increase in Profit in Q2 2023

The company has an installed capacity of 4,287 MW, including 1,195 MW renewables

November 9, 2023

/ Arjun Joshi
/ Other, Renewable Energy
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Gujarat-based power company Torrent Power posted a total income of ₹5.3 billion (~$63.6 million) for the second quarter (Q2) of the financial year (FY) 2023-24, a year-over-year (YoY) increase of 9% due to an increase in contribution from merchant power sales in gas-based power projects, and contribution from licensed distribution businesses due to improved performance.

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Arjun Joshi

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Financial ResultsprofitrenewablesTorrent Power
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