Torrent Power shares fell more than 2% in Wednesday’s trade even after the company reported a strong set of numbers for the September quarter (Q2 FY26).
On a consolidated year-on-year basis, the company’s revenue rose 9.8% to Rs 7,876 crore from Rs 7,176 crore, driven by healthy growth in its power generation and distribution businesses.
EBITDA surged 24.7% to Rs 1,506 crore compared to Rs 1,207 crore a year ago, while operating margins improved sharply to 19.1% from 16.8%, indicating better cost management and improved operational efficiency.
Torrent Power also delivered a strong bottom-line performance, with net profit jumping 50.5% to Rs 724 crore against Rs 481 crore in the same period last year.
Despite the robust results, the stock came under mild pressure, likely due to profit-booking after recent gains.
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