New Delhi, Feb. 10 -- Torrent Power, a leading integrated power utility, announced its December quarter performance post-market hours today, reporting a consolidated net profit of Rs.655 crore, marking a 34% year-on-year jump from Rs.490 crore in the year-ago quarter.

According to the company, the higher profit during the quarter was driven by increased contributions from gas-based power plants, improved operational performance of its licensed and franchised distribution businesses, and better performance in the renewable energy segment, which was partly offset by higher interest and depreciation costs.

The profit was also supported by gains from the sale of non-current investments during Q3FY25.

The company reported revenue from opera...