
Torrent Power Limited has reported a 2.1% year-on-year (YoY) increase in consolidated revenue for Q3 FY25, reaching ₹6,499.38 crore, compared to ₹6,366.09 crore in Q3 FY24. The company’s net profit surged 30.8% YoY to ₹489.33 crore, driven by efficient cost management and improved margins in the transmission and distribution segment.
Key Financial Highlights (Q3 FY25 vs. Q3 FY24)
- Revenue from Operations: ₹6,499.38 crore (↑2.1% YoY)
- Total Income: ₹6,671.25 crore (↑3.9% YoY)
- Profit Before Tax (PBT): ₹629.90 crore (↑22.7% YoY)
- Profit After Tax (PAT): ₹489.33 crore (↑30.8% YoY)
- EBITDA Margin: 18.9% (↑50 bps YoY)
- Net Profit Margin: 7.53% (↑165 bps YoY)
Business Segment Performance
Generation Segment
- Revenue: ₹1,423.75 crore (↓10.5% YoY)
- Segment results (PBTDA): ₹300.13 crore (↑31.3% YoY)
Transmission & Distribution (T&D) Segment
- Revenue: ₹5,816.98 crore (flat YoY)
- Segment results (PBTDA): ₹778.89 crore (↑6% YoY)
Renewable Energy Segment
- Revenue: ₹216.51 crore (↓5.7% YoY)
- Segment results (PBTDA): ₹170.94 crore (↓8.6% YoY)
Major Announcements & Updates
- Interim Dividend: ₹14 per share for FY25, payable on or before March 6, 2025.
- Capex & Expansion: ₹3,500 crore raised via QIP for infrastructure and renewable projects.
- Regulatory Approvals: NCLT sanctioned the transfer of 316.60 MW renewable assets to Torrent Green Energy Pvt. Ltd.
Torrent Power’s Vice Chairman & Managing Director, Jinal Mehta, stated:
“Our Q3 FY25 performance reflects our commitment to operational efficiency and disciplined growth. The T&D segment remains resilient, and with the integration of renewable assets, we are well-positioned for long-term sustainability.”
Future Plans
- Strengthening renewable energy portfolio, targeting 500 MW+ solar and wind projects in FY26.
- Enhancing digital infrastructure for power distribution efficiency.
- Expanding EV charging solutions and green hydrogen projects.
Torrent Power remains confident in sustaining its growth momentum, with a focus on profitability and clean energy transition.