Torrent Power Reports Q1 Results for FY2026; Shows Strong Performance in Standalone and Consolidated Statements
Torrent Power Limited announced the outcomes of its Board Meeting held on August 3, 2026, detailing the unaudited financial results for the quarter ended June 30, 2026. The company also provided statements regarding the utilization and deviation of proceeds from Non-Convertible Debentures (NCDs) issued during the period.The company recently completed the acquisition of Nabha Power Limited (NPL), which commenced on June 25, 2026. NPL is engaged in generating electricity via its 2X700 MW coal based Supercritical Thermal Power Plant located in Punjab and benefits from long term Power Purchase Agreements (PPAs) with Punjab State Power Corporation Limited (PSPCL).
Standalone Financial Highlights for Q1 FY2026
The unaudited standalone financial results for Torrent Power Limited for the quarter ended June 30, 2026, showed robust performance. Key figures compared to previous periods are presented below:| Particulars | Q1 FY2026 (Un-Audited) | Q4 FY2025 (Un-Audited) | Q1 FY2025 (Un-Audited) | Full Year FY2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 6,048.71 | 4,480.02 | 6,167.04 | 21,850.03 |
| Total income | 6,231.93 | 4,649.06 | 6,339.64 | 22,535.98 |
| Profit before tax (PBT) | 805.49 | 624.39 | 902.45 | 3,350.41 |
| Total tax expense | 218.34 | 192.49 | 217.56 | 775.30 |
| Profit for the period (PAT) | 587.15 | 431.90 | 684.89 | 2,575.11 |
| Total comprehensive income | 566.50 | 506.63 | 683.07 | 2,619.41 |
Consolidated Performance and Operational Metrics
The consolidated results for the group during the quarter ended June 30, 2026, demonstrated significant revenue generation across its operational segments. The Group's total income stood at ₹8,204.81 Crore, up from ₹7,906.37 Crore in Q1 FY2025.Key consolidated financial and operational ratios for the quarter ended June 30, 2026:
| Metric | Value |
|---|---|
| Debt equity ratio (52(4)(c)) | 0.97 |
| Net worth (52(4)(j)) | 20,347.56 Crore |
| Profit after tax (PAT) (52(4)(k)) | 661.85 Crore |
| Earnings per share (EPS) | 12.68 |
| Operating margin (%) (52(4)(t)) | 18.93% |
| Debt service coverage ratio (52(4)(f)) | 3.24 |
Financing and Debenture Utilization
Torrent Power Limited disclosed the utilization of proceeds raised through various Non-Convertible Debentures (NCDs) issued during Q1 FY2026. The NCD Series-15, which was part of a larger issue totaling ₹3,800 Crore, showed no deviation in the use of funds across all tranches.The utilization details for the debentures are as follows:
| Name of Instrument | Mode of Fund Raising | Date of Funds Raising | Amount Raised (₹ in Crore) | Funds Utilized | Deviation Status |
|---|---|---|---|---|---|
| Debenture (INE813H 07432) | Private Placement | June 24, 2026 | 750 | 750 | No |
| Debenture (INE813 H07440) | Private Placement | June 24, 2026 | 1,000 | 1,000 | No |
| Debenture (INE813H 07465) | Private Placement | June 24, 2026 | 1,000 | 1,000 | No |
| Debenture (INE813 H07457) | Private Placement | June 24, 2026 | 1,050 | 1,050 | No |
The statement regarding the utilization of the Issue proceeds confirmed that there was no deviation or variation in the use of funds raised for Series-15.
Key Segment and Financial Ratio Data
Consolidated segment information indicates strong performance across Generation, Transmission and Distribution, and Renewables segments.| Segments | Revenue from Operations (Q1 FY2026) | Profit Before Tax (PBT) (Q1 FY2026) | Total Assets (Q1 FY2026) |
|---|---|---|---|
| Generation | 1,711.51 Crore | 373.19 Crore | 14,544.51 |
| Transmission & Distribution | 7,245.79 Crore | 944.18 Crore | 23,202.60 |
| Renewables | 434.74 Crore | 369.00 Crore | 18,585.70 |
The Group's financial metrics include:
- Net profit margin (Q1 FY2026): 8.15%
- Current ratio: 1.48
- Debtors turnover: 2.68
For the full set of standalone and consolidated results, as well as detailed segment performance data, please refer to the official company statements.
TORNTPOWER Stock Price Movement
Torrent Power Limited shares today slipped by 1.34% to settle at ₹1391.70, trailing a decline of ₹18.90 in post-market trading. The equity saw a traded volume of 337,462 shares during the day's session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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