Torrent Power has announced its financial outcomes for the quarter and year ended March 31, 2026. The board has recommended a final dividend of ₹5 per equity share, following an interim dividend of ₹15 paid earlier in the year. Furthermore, the company received approval to raise up to ₹10,000 crore through non-convertible debentures via private placement to support its strategic objectives.
Financial Performance Overview
For the financial year 2025-26, Torrent Power reported a standalone profit of ₹2,575.11 crore. The standalone total income for the year stood at ₹22,535.98 crore. On a consolidated basis, the company reported an annual profit of ₹2,469.36 crore, with a consolidated total income of ₹29,288.92 crore.
Dividend Declaration
The Board of Directors has recommended a final dividend of ₹5 per equity share of face value ₹10 each. This follows a previously paid interim dividend of ₹15 per equity share, bringing the total dividend for FY 2025-26 to ₹20 per equity share. The final dividend payment is subject to approval by the members at the upcoming Annual General Meeting and is scheduled to be paid on or before September 2, 2026.
Strategic Fund Raising and Re-appointments
The company plans to raise up to ₹10,000 crore through the issuance of Non-Convertible Debentures in one or more tranches via private placement. In addition, the board has approved the re-appointment of Radhika Haribhakti and Ketan Dalal as Non-Executive Independent Directors for a second and final term of five consecutive years, subject to member approval.
Strategic Acquisition Update
During the fiscal year, on February 16, 2026, Torrent Power entered into a Share Purchase Agreement with L&T Power Development Limited to acquire 100% of the equity shares and convertible instruments of Nabha Power Limited for a consideration of ₹3,660.87 crore. Nabha Power operates a 2X700 MW coal-based supercritical thermal power plant in Punjab.
Source: BSE
