Torrent Power has announced its financial performance for the quarter and year ended March 31, 2026. The company reported a consolidated revenue from operations of ₹28,966 crore for FY 2025-26. Additionally, the Board has recommended a final dividend of ₹5 per equity share. The company is also moving forward with a strategic acquisition of Nabha Power Limited for ₹3,660.87 crore and plans to raise up to ₹10,000 crore via non-convertible debentures.
Annual and Quarterly Financial Performance
For the financial year ended March 31, 2026, Torrent Power reported a consolidated net profit of ₹2,469 crore, compared to ₹3,058 crore in the previous year. Revenue from operations reached ₹28,966 crore. In the final quarter (Q4) of the fiscal year, the consolidated net profit stood at ₹331 crore on a revenue of ₹6,406 crore.
Dividend and Shareholder Returns
The Board of Directors has recommended a final dividend of ₹5 per equity share for the financial year 2025-26. When combined with the interim dividend of ₹15 per share already paid during the year, the total dividend payout amounts to ₹20 per equity share.
Strategic Growth and Funding Initiatives
Torrent Power is expanding its generation portfolio through the acquisition of Nabha Power Limited. The company entered into a Share Purchase Agreement on February 16, 2026, to purchase 100% equity shares and convertible instruments of the entity for a consideration of ₹3,660.87 crore. Nabha Power operates a 2×700 MW supercritical coal-based thermal power plant in Punjab.
To support its future capital requirements, the Board has approved the raising of funds up to ₹10,000 crore through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis.
Leadership Appointments
The company announced the re-appointment of Radhika Haribhakti and Ketan Dalal as Non-Executive Independent Directors. Both directors have been appointed for a second and final term of 5 consecutive years, ensuring continued stability and experienced oversight on the Board.
Source: BSE
