The Torrent Power Board met on February 10, 2026, and approved an interim dividend of ₹15 per Equity Share for FY 2025-26. Furthermore, the Board authorized raising up to ₹7,000 Crore by issuing Non-Convertible Debentures (NCDs) through private placement. The results for the quarter and nine months ending December 31, 2025, were also approved, alongside the Limited Review Reports.
Torrent Power Board Meeting Outcome (Feb 10, 2026)
Torrent Power Limited informed exchanges about the key decisions taken by its Board of Directors during the meeting held on February 10, 2026. The Board inter-alia considered and approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with the Statutory Auditor’s Limited Review Reports.
Interim Dividend Declaration
The Board approved the declaration of an Interim Dividend for FY 2025-26 at the rate of ₹15 per Equity Share on the 50,39,03,543 Equity Shares of ₹10 each. This dividend will be remitted on or before March 12, 2026, based on the Record Date fixed as Monday, February 16, 2026.
Fundraising Authorization
A significant resolution passed was the authorization for raising of funds up to ₹7,000 Crore. This fundraising will be executed through the issuance of Non-Convertible Debentures (NCDs) in one or more tranches via Private Placement.
Financial Performance Summary (Standalone)
The standalone financial results for the nine months ended December 31, 2025, showed a strong performance:
- Total Income: ₹17,886.92 Crore (compared to ₹17,728.14 Crore for the corresponding period last year).
- Profit Before Tax: ₹2,726.02 Crore.
- Profit for the Period: ₹2,143.21 Crore.
- Basic Earnings Per Share (not annualised): ₹42.53 (compared to ₹36.47 previously).
Consolidated Financial Highlights (Nine Months Ended Dec 31, 2025)
The consolidated financial statements presented robust figures for the nine-month period:
- Total Income from Operations: ₹22,560.24 Crore.
- Profit Before Tax: ₹2,769.41 Crore.
- Profit for the Period (Attributable to Owners): ₹2,098.23 Crore.
- Basic Earnings Per Share (not annualised): ₹41.64.
Key Segment Performance (Consolidated)
The Transmission and Distribution segment remains the largest contributor to revenue, reporting ₹18,648.54 Crore in revenue for the nine months ended December 31, 2025. The Generation segment recorded total segment results of ₹4,866.23 Crore (including PBT, depreciation, and finance costs).
Reviewer’s Opinion
Price Waterhouse Chartered Accountants LLP issued a Review Report confirming that the financial results are presented in accordance with Indian Accounting Standards and do not contain any material misstatement.
Source: BSE
