Torrent Power - Q1FY13 Result FirstCut - Microsec Research

Torrent Power announced its Q1 FY13 results on 24th July 2012.

Torrent Power has posted consolidated net profit of Rs 104.43 Crore for the fourth quarter ended March 31, 2012 as compared to of Rs 343.57 Crore for the quarter ended March 31, 2011, representing a decrease of 69.60%. Total consolidated income has increased from Rs 2076.78 Crore for the quarter ended March 31, 2011 to Rs 2119.80 Crore for the quarter ended March 31, 2012, representing an increase of 2.07%.

EBITDA Margin of the company declined from 31.40% to 16.09%, registering a contraction of 15.31%.

Source : Equity Bulls

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