FY 19 Q3 Earnings " Torrent Power "

in #steemit5 years ago

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The company's Q3 net profit increased 16% to Rs 238 cr, while it was Rs 206 cr in the corresponding quarter last year.

The company's total revenue rose 18.4.% to Rs 3307 cr, while it was at Rs 2793 cr in the corresponding quarter last year.

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It has an aggregate installed power generation capacity of 3663 MW, comprising 2730 MW of gas based capacity and 362 MW of coal based capacity.

It has an additional 940 MW of under construction renewable power projects.

Although it's one of my favorite power sector stock still now because of it's clean balance sheet and clear earning visibility.

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