Torrent Power’s Profit Up by 32% on Higher Electricity Demand, Reduced T&D Losses
The revenue from operations for Q2 totaled ₹67 billion (~$830 million), up YoY by 84%
November 12, 2022
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Gujarat-based power company Torrent Power’s profit increased year-over-year (YoY) by 32% to ₹4.8 billion (~$60.04 million) in the second quarter (Q2) of the financial year (FY) 2022-23 due to a reduction in transmission and distribution (T&D) losses and increased electricity demand.