Shares of Torrent Power surged 9 per cent to Rs 499 on the BSE in Wednesday’s intra-day trade after the company reported strong earnings for the December quarter (Q3FY23), with consolidated net profit up 88 per cent year-on-year (YoY) at Rs 695 crore on account of higher income. The integrated power utilities company had posted profit of Rs 369 crore in a year ago quarter (Q3FY21).