Torrent Power Q4FY23 Results: Consolidated PAT Drops to Rs 449.07 Cr

Torrent Power Limited Q4 results show a revenue rise from 6526.44 to 6133.70 crores, a 6.02% increase in growth. EPS also rise from ₹14.24 to ₹9.34, up by 34.41%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Torrent Power Ltd. shared its Q4 results on Monday. They earned 6133.70 crores in revenue this quarter, but that’s higher than the 6526.44 crores they made last quarter. The company’s growth increased by 6.02 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 449.07 crores, up from 684.60 crores in the previous quarter. Their quarter-to-quarter growth inclined by 34.40 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹9.34, which is a decrease of 34.41% from the ₹14.24 EPS in the previous quarter.

Also read: ☞ ” Campus Q4FY23 Results: Consolidated PAT Down to Rs 22.9 Cr “

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 26075.97 crores this year (2023), which is 79.93 percent higher than last year’s total revenue of 14492.65 crores.

This year’s PAT (Profit After Tax) is 2117.43 crores, which is also 366.41% higher than last year’s PAT of 453.98 crores.

The EPS (Earnings Per Share) for this year is ₹44.06, which is 366.24% more than the EPS of ₹9.45 earned last year.

Torrent Power Share Dividend Announcement / Record Date:

The Board of Directors has declared a Final Dividend of ₹4 per Equity Share of Face Value of ₹10 each of the Company (40% of Face Value). Total Dividend for FY23 stood at ₹22 per Equity Share (Interim Dividend of ₹10 per Equity Share)

The record date for the dividend has not arrived yet.

About Torrent Power:

Torrent Power is an energy and power company based in India, with diverse interests in power generation, transmission, distribution, and the manufacturing and supply of power cables.

Download the Full PDF of Q4 Results: Click Here

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