Torrent Power has announced its financial results for the quarter and year ended March 31, 2026. Despite market fluctuations, the company delivered a robust performance, declaring a total dividend of 200% for the fiscal year. The company continues to advance its strategic growth in renewables, thermal, and distribution sectors, maintaining a strong balance sheet with a Net Debt: Equity ratio of 0.67.
Financial Performance Highlights
For the quarter ended March 31, 2026, Torrent Power reported revenue from operations of ₹6,406 Crores, with an EBITDA of ₹1,220 Crores. For the full financial year 2025-26, the company achieved total revenue of ₹28,966 Crores and an EBITDA of ₹5,864 Crores. Adjusted for one-time non-cash items, the Total Comprehensive Income (TCI) for the year demonstrated an improvement of ₹92 Crores compared to the previous year.
Dividend Announcement
Reflecting its commitment to shareholder value, the Board of Directors has recommended a final dividend of ₹5.00 per equity share. When combined with the interim dividend of ₹15.00 per share, the total dividend payout for FY26 stands at ₹20.00 per equity share.
Strategic Growth and Operational Excellence
Management highlighted significant capital commitments to drive future growth, including over ₹30,000 Crores allocated to enhance thermal capacity by 3 GW. This includes the construction of a 1,600 MW project in Madhya Pradesh and the acquisition of the 1,400 MW Nabha Power project. Furthermore, the company has bolstered its fuel security through long-term LNG partnerships with global entities like BP and JERA.
Distribution Leadership
The company’s distribution business continues to be a standout performer, achieving the lowest distribution losses in the country at 2.33%. Torrent Power currently serves nearly 31 billion units to over 4.29 million customers across various cities in Gujarat, Maharashtra, and Uttar Pradesh. With a total generation and pumped storage capacity of approximately 15.05 GW (including projects under development and acquisition), Torrent Power remains a key player in India’s energy transition.
Source: BSE
