Torrent Power's Q1 FY 2026-27 Quarterly Results

Result Summary

• Torrent Power Ltd reported a 26.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 2.4%.
• Its expenses for the quarter were up by 22.8% QoQ and 3.6% YoY.
• The net profit increased 99.7% QoQ and decreased 10.8% YoY.
• The earnings per share (EPS) of Torrent Power Ltd stood at 12.68 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Torrent Power Ltd is a leading integrated power utility in India, engaged primarily in the generation, transmission, and distribution of electricity. The company operates within the energy sector and is known for its involvement in both conventional and renewable energy projects. Torrent Power has a significant presence in the states of Gujarat, Maharashtra, Uttar Pradesh, and Karnataka. Recent developments within the company include expansions in their renewable energy portfolio to align with global sustainability trends. However, any specific recent acquisitions or strategic moves are not detailed in the provided data.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Torrent Power Ltd reported a total income of ₹8204.81 crores. This represents a quarter-over-quarter (QoQ) increase of 26.7% from the previous quarter (Q4FY26), where the total income was ₹6476.95 crores. On a year-over-year (YoY) basis, there was a 2.4% increase from Q1FY26, which had a total income of ₹8011.04 crores. These figures suggest a strong quarterly growth in revenue, although the annual growth rate is more moderate.

Profitability

The company recorded a profit before tax (PBT) of ₹925.19 crores in Q1FY27, marking a significant QoQ increase of 69.0% from Q4FY26's PBT of ₹547.36 crores. However, this is a 6.1% decrease YoY from the PBT of ₹985.34 crores in Q1FY26. After accounting for taxes, the profit after tax (PAT) for Q1FY27 was ₹661.85 crores, which is nearly double the PAT of ₹331.49 crores in Q4FY26, reflecting a 99.7% QoQ increase. On a YoY basis, there is a decline of 10.8% from the PAT of ₹741.58 crores in Q1FY26. Earnings per share (EPS) also saw a substantial QoQ growth of 101.0%, reaching ₹12.68 in Q1FY27 from ₹6.31 in Q4FY26, but decreased by 12.7% YoY from ₹14.52 in Q1FY26.

Operating Metrics

Total expenses for Q1FY27 amounted to ₹7279.62 crores, showing a 22.8% increase QoQ from ₹5929.59 crores in Q4FY26 and a 3.6% increase YoY from ₹7025.70 crores in Q1FY26. The tax expense in Q1FY27 was ₹263.34 crores, which is up by 22.0% QoQ from ₹215.87 crores in Q4FY26 and increased by 8.0% from ₹243.76 crores in Q1FY26. These metrics highlight a substantial increase in expenses relative to the previous quarter, while the year-over-year changes are more moderate. The financial data indicates that while income and profitability measures have shown substantial quarterly growth, the annual growth rates present a more mixed picture with some declines.