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Torrent Power Reports 70% Decline in Q4 Net Profit, Announces Dividend

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Mumbai, May 12 (IANS) Torrent Power on Tuesday reported a sharp 70 per cent decline in consolidated net profit for the fourth quarter of FY26 at Rs 318 crore, compared to Rs 1,059.57 crore in the corresponding quarter of the previous financial year (Q4 FY25). The company had posted a net profit of Rs 643.08 crore in the preceding quarter, according to its stock exchange filing.The company’s revenue from operations, however, remained largely stable during the January-March quarter at Rs 6,406.0…