Torrent Power Limited stated that it registered a growth of 146.30% on a year-on-year basis in its net profit for the quarter ended March 2025. The business posted a net profit of ₹430.20 Crore in the previous corresponding quarter.
The company informed that the increase in profit was on account of higher contributions from gas-based power plants and increase in its licensed and franchised distribution businesses.
In addition to this, a major decline in tax expenses led to the increased earnings, mainly driven by a one-time, non-cash reversal of deferred tax liabilities aggregating to ₹637 Crore. The company also logged gains from the sale of non-current investments.
The power business posted that its revenue from operations slipped 1.1% to ₹6,456.30 Crore as compared to ₹6,528.60 Crore in the same quarter of previous year.
Operating EBITDA registered a growth of 1.90% to ₹1,130.40 Crore in the quarter ended March 2025. In the same quarter of previous year, the business posted an EBITDA of ₹1,109 Crore.
The EBITDA margin stood at 17.50% in the quarter under review against 17% in the previous corresponding period.
The power major said that its Total Comprehensive Income (TCI) stands at ₹1,085 Crore for the quarter ended March 2025. It registered a growth of 142% on a year-on-year basis. In the same quarter of previous year, the business posted TCI of ₹448 Crore.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.