Torrent Power has reported a 69 per cent decline in consolidated net profit at Rs 386.70 crore for the year ended March 2013.
In the year-ago period, consolidated net profit was at Rs 1,252.9 crore.
Consolidated total income climbed to Rs 8,364.53 crore in the last fiscal from Rs 8,063.10 crore in 2011-12, the company said in a filing to the BSE.
On a standalone basis, the company’s net profit plunged to Rs 384.96 crore for the year ended March 2013. In the comparable period, the same was at Rs 1,237.46 crore.
However, total income rose to Rs 8,269.97 crore in the last financial year from Rs 8,019.66 crore in the same period a year ago.