Torrent Power Posts 10.75% Profit Decline In Q1 FY27
· Free Press Journal
Mumbai: Torrent Power Ltd on Monday announced a consolidated net profit of ₹661.85 crore for the first quarter of fiscal year 2026-27, which ended on 30 June 2026. This represents a 10.75% decline from the ₹741.58 crore reported in the corresponding quarter of the previous fiscal year.
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Revenue Performance
The company's consolidated revenue from operations for Q1 FY27 stood at ₹8,124.15 crore, up 2.75% from ₹7,906.37 crore in the same quarter last year. Total income for the quarter also rose by 2.41% to ₹8,204.81 crore from ₹8,011.04 crore year-on-year.
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Total expenses for the quarter increased to ₹7,279.62 crore, up 3.61% from ₹7,025.70 crore in Q1 FY26. Electrical energy purchased was a significant contributor, costing ₹4,674.48 crore in Q1 FY27, compared to ₹3,920.67 crore in Q1 FY26.
Earnings Per Share
Consolidated basic earnings per share (EPS) for the quarter ended 30 June 2026 was ₹12.68, a decrease from ₹14.52 reported in the year-ago period. On a sequential basis, EPS increased from ₹6.31 in the preceding quarter.
Torrent Power Bhiwandi Conducts Fire Safety Awareness And Emergency Response Training Programme During National Fire Service WeekStrategic Acquisition
During the quarter, Torrent Power completed the acquisition of Nabha Power Ltd (NPL) for a total consideration of ₹3,632.35 crore on 25 June 2026. NPL contributed ₹68.64 crore to revenue from operations and ₹7.62 crore to profit for the period from the acquisition date to the quarter ended 30 June 2026.
NCD Utilisation
The company confirmed the utilisation of proceeds from Non-Convertible Debentures (Series-15) amounting to ₹3,800 crore, issued during the quarter ended 30 June 2026, with no deviation or variation in their use.
Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.