Torrent Power posts Q2 PBT growth of 6%
Torrent Power has posted a marginal 6 per cent growth in its profit before tax (PBT) for the second quarter ended, September 30, 2019, to close at ~532.87 crore. The firm had witnessed a PBT of ~501.87 crore in the corresponding quarter last year on a consolidated basis. The firm’s revenue from operations, however, grew by 11.52 per cent in Q2 of FY19-20 at ~3842 crore, up from ~3,445 crore in Q2 FY18-19 on a consolidated basis.