Torrent Power Limited has released its unaudited consolidated financial results for the quarter and half year ended September 30, 2026. The presentation highlights key operational statistics, financial performance metrics including revenue and EBIDTA, and the company’s strategic growth plans, particularly in renewable energy and pumped storage hydro projects.
Torrent Power Releases Q2 FY27 Financials
Torrent Power Limited has submitted its investor presentation detailing the unaudited consolidated financial results for the second quarter (Q2) and the first half (H1) of the financial year 2026-27, ending on September 30, 2026. This comprehensive update provides insights into the company’s operational performance, financial standing, and future strategic direction.
Operational Highlights and Growth Projections
The presentation outlines the company’s operational capacity, which is projected to grow from approximately 6.8 GWp to 12.7 GWp, backed by robust renewable capacity additions. Torrent Power’s portfolio includes thermal generation, renewable energy, distribution, transmission, and a nascent green hydrogen initiative. The company is targeting to increase its renewable energy portfolio to approximately 6.59 GWp through various projects in the pipeline and is also developing 3 GW of Pumped Storage Hydro projects.
Financial Performance Snapshot
In terms of financial performance, the company reported a 24% year-on-year growth in Revenue from Operations to ₹9,802 crore for Q2 FY27. PBDIT saw a significant 25% increase to ₹1,988 crore, with Profit After Tax growing by 13% to ₹838 crore. For H1 FY27, Revenue from Operations increased by 14% to ₹17,926 crore, PBDIT rose by 14% to ₹3,606 crore, and Profit After Tax grew by 1% to ₹1,500 crore. The company also highlighted a steady growth in EBIDTA and Net Worth over the last five years.
Key Strategic Initiatives
Torrent Power emphasizes its strong group pedigree, a high-quality and differentiated portfolio, and a robust balance sheet with a Net Debt to EBITDA of 2.06x and Net Debt to Equity of 0.56x for FY26. The company is focusing on operational excellence, with distribution losses for licensed areas at just 2.33% in FY26 and power availability at 99.9%. Further, Torrent Power is exploring green molecule technologies, including Green Hydrogen and Pumped Storage Power, with a target capacity of approximately 8.4 GW.
Operational Statistics and Trends
The presentation includes detailed operational statistics over a five-year trend, showcasing Thermal PLF, Renewable PLF, and T&D (Transmission and Distribution) losses for both licensed and franchised distribution areas. These trends indicate stable to improving operational efficiencies across the company’s diverse business segments.
Source: BSE
