E-MAIL FOR SPONSORSHIP

Torrent Power Posts Decline in Revenue, Net Profit in Third Quarter of FY 2020

Its profit before tax was higher due to better collection efficiency, renewable generation output, and lower interest costs.

February 10, 2021

/ Nithin Thomas
/ Finance and M&A, Solar
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Gujarat-based power generation company Torrent Power reported a slight decline in its revenue in the third quarter (Q3) of the financial year 2020 (FY 2020) to ₹29.53 (~$405.3 million) billion, down 4.3% from ₹30.79 (~$422.6 million) billion in the same quarter the previous year.

ℹ️ This article is free for registered users. Sign in to continue reading.

Sign In to Continue Reading

Create a free account to access the full article and exclusive features from Mercom India's renewable energy coverage.

✓Access to free articles and news
✓Save articles for later reading
✓Personalized content recommendations
✓Newsletter subscriptions
Sign Up FreeLog In
thumbnail

Nithin Thomas

More articles from Nithin Thomas.
EarningsenergyProfitsQ3 2020ResultsRevenueTorrent Power
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS