Torrent Power Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

6,777.87

7,876.00

7,906.37

6,456.34

6,499.38

7,175.81

9,033.73

Other Operating Income

0.00

Total Operating income

6,777.87

7,876.00

7,906.37

6,456.34

6,499.38

7,175.81

9,033.73

Raw Material Cost

0.00

114.07

99.39

Purchase of Finished goods

574.05

463.66

261.10

381.75

393.01

147.31

181.84

(Increase) / Decrease In Stocks

0.00

-6.69

6.80

Employee Cost

183.47

174.41

185.30

160.84

165.93

190.31

172.88

Power Cost

4,078.85

5,241.74

5,472.01

4,366.39

4,438.38

5,112.62

6,250.11

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

538.36

490.35

504.90

416.87

390.43

410.88

464.78

Total Expenditure (Excl Depreciation)

5,374.73

6,370.16

6,423.31

5,325.85

5,387.75

5,968.50

7,175.80

Operating Profit (PBDIT) excl Other Income

1,403.14

1,505.84

1,483.06

1,130.49

1,111.63

1,207.31

1,857.93

Other Income

69.15

77.91

104.67

114.35

171.87

124.70

76.29

Operating Profit (PBDIT)

1,472.29

1,583.75

1,587.73

1,244.84

1,283.50

1,332.01

1,934.22

Interest

254.67

215.82

212.12

236.36

276.08

272.34

260.09

Exceptional Items

0.00

Gross Profit (PBDT)

1,217.62

1,367.93

1,375.61

1,008.48

1,007.42

1,059.67

1,674.13

Depreciation

412.65

388.83

390.27

389.13

377.52

370.99

359.48

Profit Before Tax

804.97

979.10

985.34

619.35

629.90

688.68

1,314.65

Tax

150.23

237.55

243.76

-457.87

140.57

192.96

318.31

Provisions and contingencies

0.00

Profit After Tax

654.74

741.55

741.58

1,077.22

489.33

495.72

996.34

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

654.74

741.55

741.58

1,077.22

489.33

495.72

996.34

Share in Profit of Associates

0.00

Minority Interest

11.66

17.84

10.14

17.65

13.67

14.69

24.10

Other related items

0.00

Consolidated Net Profit

643.08

723.71

731.44

1,059.57

475.66

481.03

972.24

Equity Capital

503.90

480.62

Face Value

10.0

Reserves

0.00

12,835.23

0.00

Earnings per share (EPS)

12.76

14.36

14.52

21.03

9.44

10.01

20.23

Diluted Earnings per share

12.76

14.36

14.52

21.03

9.76

10.01

20.23

Operating Profit Margin (Excl OI)

20.7%

19.12%

18.76%

17.51%

17.1%

16.82%

20.57%

Gross Profit Margin

17.96%

17.37%

17.4%

15.62%

15.5%

14.77%

18.53%

PAT Margin

9.66%

9.42%

9.38%

16.68%

7.53%

6.91%

11.03%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Dec 2025 is 4.28% vs 2.09% in Dec 2024

Consolidate Net Profit

YoY Growth in quarter ended Dec 2025 is 35.20% vs 32.19% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Dec 2025 is 26.22% vs 6.47% in Dec 2024

Interest

YoY Growth in quarter ended Dec 2025 is -7.75% vs 17.24% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024

Compare Quarterly Results Of Torrent Power With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

6,777.87

2,220.73

4,557.14

205.21%

Other Operating Income

0.00

Total Operating income

6,777.87

2,220.73

4,557.14

205.21%

Raw Material Cost

0.00

Purchase of Finished goods

574.05

0.00

574.05

(Increase) / Decrease In Stocks

0.00

Employee Cost

183.47

346.41

-162.94

-47.04%

Power Cost

4,078.85

125.86

3,952.99

3,140.78%

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

538.36

1,536.86

-998.50

-64.97%

Total Expenditure (Excl Depreciation)

5,374.73

2,009.13

3,365.60

167.52%

Operating Profit (PBDIT) excl Other Income

1,403.14

211.60

1,191.54

563.11%

Other Income

69.15

272.10

-202.95

-74.59%

Operating Profit (PBDIT)

1,472.29

483.70

988.59

204.38%

Interest

254.67

310.25

-55.58

-17.91%

Exceptional Items

0.00

Gross Profit (PBDT)

1,217.62

173.45

1,044.17

602.00%

Depreciation

412.65

456.61

-43.96

-9.63%

Profit Before Tax

804.97

-282.20

1,087.17

385.25%

Tax

150.23

573.28

-423.05

-73.79%

Provisions and contingencies

0.00

Profit After Tax

654.74

-856.44

1,511.18

176.45%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

654.74

319.64

335.10

104.84%

Share in Profit of Associates

0.00

0.96

-0.96

-100.00%

Minority Interest

11.66

101.48

-89.82

-88.51%

Other related items

0.00

Consolidated Net Profit

643.08

219.12

423.96

193.48%

Equity Capital

503.90

10,045.03

-9,541.13

-94.98%

Face Value

10.00

0.00

Reserves

0.00

31,420.44

-31,420.44

-100.00%

Earnings per share (EPS)

12.76

0.22

12.54

5,700.00%

Diluted Earnings per share

12.76

0.22

12.54

5,700.00%

Operating Profit Margin (Excl OI)

20.70%

9.53%

0.00

11.17%

Gross Profit Margin

17.96%

7.81%

0.00

10.15%

PAT Margin

9.66%

-38.52%

0.00

48.18%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 6,777.87 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is -13.94% vs -0.38% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 4.28% vs 2.09% in Dec 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 643.08 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is -11.14% vs -1.06% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 35.20% vs 32.19% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 1,403.14 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is -6.82% vs 1.54% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 26.22% vs 6.47% in Dec 2024

Quarterly - Interest

Interest 254.67 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 18.00% vs 1.74% in Sep 2025

YoY Growth in quarter ended Dec 2025 is -7.75% vs 17.24% in Dec 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 20.70%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has improved from Sep 2025

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024