Torrent Power's Q1 FY 2025-26 Quarterly Results

Result Summary

• Torrent Power Ltd reported a 20.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 12.1%.
• Its expenses for the quarter were up by 16.9% QoQ and down 9.9% YoY.
• The net profit increased 65.9% QoQ and decreased 25.6% YoY.
• The earnings per share (EPS) of Torrent Power Ltd stood at 14.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Torrent Power Ltd is a prominent player in the Indian power sector, primarily engaged in the generation, transmission, and distribution of electricity. The company operates in various segments within the energy sector, including renewable energy sources such as solar and wind power, as well as conventional thermal power. Torrent Power has established a significant presence across multiple states in India, delivering reliable power supply to residential, commercial, and industrial consumers. Notably, the company has been focusing on expanding its renewable energy portfolio, aligning with global trends towards sustainable energy solutions. Any recent major developments specific to Torrent Power Ltd beyond this scope are not available in this context.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Torrent Power Ltd reported a total income of ₹8011.04 crores. This reflects a quarter-over-quarter (QoQ) increase of 20.9% from the previous quarter (Q4FY25), where the total income stood at ₹6625.45 crores. However, on a year-over-year (YoY) basis, there was a decline of 12.1% compared to Q1FY25, when the total income was ₹9110.02 crores. These figures indicate fluctuations in revenue generation over the periods in question, with a notable increase from the previous quarter and a decrease from the same quarter the previous year.

Profitability

Torrent Power Ltd's profitability in Q1FY26 is highlighted by a profit before tax (PBT) of ₹985.34 crores, showing a QoQ increase of 59.6% from ₹617.31 crores in Q4FY25. However, this represents a YoY decline of 25.0% from ₹1314.65 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 was ₹741.58 crores, which increased by 65.9% QoQ from ₹447.04 crores in Q4FY25, but decreased by 25.6% YoY from ₹996.34 crores in Q1FY25. The earnings per share (EPS) for Q1FY26 was ₹14.50, representing a QoQ increase of 62.9% from ₹8.90 in Q4FY25, while experiencing a YoY decline of 28.2% from ₹20.20 in Q1FY25. These metrics illustrate significant changes in profitability across the different periods.

Operating Metrics

For Q1FY26, Torrent Power Ltd's total expenses amounted to ₹7025.70 crores, which marks a 16.9% increase QoQ from ₹6008.14 crores in Q4FY25. Comparatively, there was a YoY decrease of 9.9% from ₹7795.37 crores in Q1FY25. The tax expenses for Q1FY26 were ₹243.76 crores, reflecting a 43.2% increase QoQ from ₹170.27 crores in Q4FY25 and a YoY decrease of 23.4% from ₹318.31 crores in Q1FY25. These metrics provide insights into the company's cost structure and tax liabilities over the respective periods.