Torrent Power Q3 FY25 results: Revenue Up 2.1% YoY to Rs 6,499.38 crore, net profit soars 30.8% YoY

₹3,500 crore raised via QIP for infrastructure and renewable projects.

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)

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  • 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.