Torrent Power's Q3 FY 2025-26 Quarterly Results
- 11 Feb 2026
Result Summary
- Torrent Power Ltd reported a 13.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.6%.
- Its expenses for the quarter were down by 13.4% QoQ and up 0.0% YoY.
- The net profit decreased 11.7% QoQ and increased 33.8% YoY.
- The earnings per share (EPS) of Torrent Power Ltd stood at 12.76 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 6847.02 | 7953.91 | 6671.25 | -13.9% | 2.6% |
Total Expenses | 6042.05 | 6974.81 | 6041.35 | -13.4% | 0.0% |
Profit Before Tax | 804.97 | 979.10 | 629.90 | -17.8% | 27.8% |
Tax | 150.23 | 237.55 | 140.57 | -36.8% | 6.9% |
Profit After Tax | 654.74 | 741.55 | 489.33 | -11.7% | 33.8% |
Earnings Per Share | 12.76 | 14.36 | 9.76 | -11.1% | 30.7% |
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 prominent player in the Indian power sector, engaged in electricity generation, transmission, and distribution. The company operates in the utilities industry, primarily focusing on delivering reliable power supply to its customers across multiple regions in India. Torrent Power has been at the forefront of adopting advanced technologies and sustainable practices in its operations. The company offers a diverse portfolio of services, including thermal power plants, renewable energy projects, and power distribution networks. Notably, Torrent Power has been involved in expanding its renewable energy footprint, aligning with global trends towards cleaner energy sources. However, specific recent major developments concerning the company are not available in the data provided.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Torrent Power Ltd reported a total income of ₹6,847.02 crores. This reflects a decrease of 13.9% quarter-over-quarter (QoQ) from the previous quarter (Q2FY26), which recorded a total income of ₹7,953.91 crores. Year-over-year (YoY), the total income increased by 2.6% compared to the third quarter of fiscal year 2025 (Q3FY25), which stood at ₹6,671.25 crores. These fluctuations in revenue are indicative of changes in the company's operational or market conditions during these periods.
Profitability
Torrent Power's profitability in Q3FY26 showed a profit before tax of ₹804.97 crores, marking a decrease of 17.8% from the previous quarter's ₹979.10 crores. Compared to the same quarter last year (Q3FY25), there was a significant YoY increase of 27.8% from ₹629.90 crores. The company's profit after tax for Q3FY26 was ₹654.74 crores, a decline of 11.7% QoQ from ₹741.55 crores in Q2FY26, but an increase of 33.8% YoY from ₹489.33 crores in Q3FY25. Tax expenses for this quarter were ₹150.23 crores, experiencing a steep decline of 36.8% QoQ and a 6.9% increase YoY. Earnings per share for the quarter were ₹12.76, down 11.1% QoQ from ₹14.36, while reflecting a 30.7% growth YoY from ₹9.76.
Operating Metrics
The total expenses for Torrent Power in Q3FY26 were ₹6,042.05 crores, which decreased by 13.4% from the previous quarter's ₹6,974.81 crores. This figure remained almost unchanged from the same period last year, which recorded expenses of ₹6,041.35 crores, showing virtually no YoY change. The financial data suggests that the company's cost management strategies might have played a role in maintaining consistent expense levels on an annual basis, despite the quarterly fluctuations. The analysis of these operating metrics provides insights into the company's operational efficiency and cost control measures during the observed quarters.