New Delhi, Feb. 11 -- Shares of Torrent Power, a leading integrated power utility, came under severe selling pressure in today's session, falling 6% to the day's low of Rs.1,397.70 apiece, as investors appeared disappointed with the company's performance in the December quarter.
Although the company posted growth in both the top line and bottom line, the sequential performance remained weak, causing the stock to erase most of its recent gains.
The company, post-market hours on Tuesday, reported a consolidated net profit of Rs.655 crore, marking a 34% year-on-year jump from Rs.490 crore in the year-ago quarter.
When compared to the Rs.741 crore in Q2FY26, the net profit was down 12%, while revenue from operations also fell 14% on a QoQ ...
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