Torrent Power has announced its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2025. The board approved the results on November 11, 2025. Key figures include a standalone total income of ₹6,293.99 crore for the quarter and a consolidated total income of ₹7,953.91 crore. The company has also completed an acquisition and dealt with a Scheme of Arrangement.
Financial Performance Overview
Torrent Power’s standalone total income for the quarter ended September 30, 2025, reached ₹6,293.99 crore, compared to ₹5,488.34 crore for the quarter ended September 30, 2024. The standalone profit after tax for the quarter was ₹746.16 crore. For the six months ended September 30, 2025, the standalone total income was ₹12,633.63 crore, and the profit after tax was ₹1,431.05 crore.
Consolidated total income for the quarter reached ₹7,953.91 crore, compared to ₹7,300.51 crore for the corresponding quarter last year. The consolidated profit after tax was reported as ₹741.55 crore. For the six months ended September 30, 2025, the consolidated total income was ₹15,964.95 crore, and the profit after tax was ₹1,483.13 crore.
Segment Performance
The company’s operations are divided into three key segments:
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Generation: Revenue of ₹2,420.92 crore for the quarter.
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Transmission and Distribution: Revenue of ₹6,367.83 crore for the quarter.
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Renewables: Revenue of ₹326.62 crore for the quarter.
Scheme of Arrangement
The Scheme of Arrangement, involving the transfer of the Renewable Power Undertakings to Torrent Green Energy Private Limited (TGEPL), has been sanctioned by the National Company Law Tribunal (NCLT) with an effective date of April 1, 2024. Prior period figures have been revised to reflect the effects of this scheme.
Acquisitions
Torrent Power acquired 100% of the equity share capital of Newzone Power Projects Private Limited (NZPPPL) and 49% of Newzone India Private Limited (NZIPL) on September 23, 2025, for a total consideration of ₹211.02 crore. NZIPL holds land suitable for setting up a coal-based power plant in Madhya Pradesh.
Key Ratios
Significant financial ratios for the quarter ending September 30, 2025, include a debt-equity ratio of 0.45, debt service coverage ratio of 5.27, and an interest service coverage ratio of 8.86.
Source: BSE
