Torrent Power: Reports Strong Q1 FY27 Results with ₹587 Crore Profit

Torrent Power has declared its unaudited financial results for the quarter ended June 30, 2026. The company reported a profit of ₹587.15 crore. The Board of Directors also approved the statement of utilization and deviation for Non-Convertible Debentures amounting to ₹3,800 Crore. The results reflect the company’s consistent performance in the power sector.

Torrent Power’s Financial Performance for Q1 FY27

Torrent Power Limited announced its unaudited financial results for the first quarter of the financial year 2026-27, ending June 30, 2026. The company posted a profit after tax of ₹587.15 crore for the quarter. This positive financial outcome underscores the company’s operational efficiency and market position in the power sector.

Debenture Utilization and Compliance

In line with regulatory requirements, the Board of Directors reviewed and approved the statement detailing the utilization and any deviation in the use of Non-Convertible Debentures (NCDs). The company had issued NCDs worth ₹3,800 Crore (Series-15) during the quarter ended June 30, 2026. The statement confirms that the funds raised were utilized in accordance with the stipulated regulations.

Unaudited Financial Results: Standalone and Consolidated

The Board Meeting, which commenced at 02:30 pm and concluded at 04:00 pm on August 03, 2026, also considered and approved the unaudited financial results for the standalone and consolidated entities for the quarter ending June 30, 2026. These results, along with the Limited Review Reports from the Statutory Auditor, have been duly submitted.

Key Financial Highlights (Standalone)

  • Revenue from operations for Q1 FY27 stood at ₹6,048.71 crore.
  • Profit before tax was reported at ₹805.49 crore.
  • Total comprehensive income for the period was ₹566.50 crore.
  • Earnings per share (Basic) was ₹11.65.

Key Financial Highlights (Consolidated)

  • Revenue from operations for Q1 FY27 reached ₹8,124.15 crore.
  • Profit before tax amounted to ₹925.19 crore.
  • Total comprehensive income for the period was ₹638.81 crore.
  • Earnings per share (Basic) was ₹12.68.

Debenture Series 15: Utilization Details

The statement further elaborated on the utilization of the ₹3,800 Crore Non-Convertible Debentures (Series-15). The funds were raised through private placement and were secured, rated, and listed. The entire amount of ₹3,800 Crore raised was utilized, with no deviation or variation reported in the use of these funds as per the provided annexure.

Source: BSE

Previous Article

Great Eastern Shipping: Approves Q1 FY27 Results & Declares Interim Dividend

Next Article

DLF Limited: Reports Q1 FY27 Unaudited Financial Results