Conference Call with Torrent Power Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.
Torrent Power announced Q4FY22 results: Revenue from Operations: Rs 3,744 crore in Q4 FY 2021-22 compared to Rs 3,084 crore in Q4 FY 2020-21, up by 21% Rs 14,258 crs in FY 2021-22 compared to Rs 12,173 crs in FY 2020-21, up by 17% EBITDA: Rs 1,088 crore in Q4 FY 2021-22 compared to Rs 947 crore in Q4 FY 2020-21, up by 15% Rs 3,826 crore in FY 2021-22 compared to Rs 3,607 crore in FY 2020-21, up by 6% Total Comprehensive Income: Rs (484) crore in Q4 FY 2021-22 compared to Rs 408 crore in Q4 FY 2020-21 Rs 461 crore in FY 2021-22 compared to Rs 1,300 crore in FY 2020-21 Commenting on the results, the Company’s Chairman, Mr Samir Mehta said “During the year, the Company continued to focus its growth initiatives in the identified growth engines of Distribution and Renewables. In line with this strategy, the Company took over the operations as distribution licensee of Union Territory of Dadra and Nagar Haveli and Daman and Diu (DNH & DD) wef 1st April, 2022 post acquisition of 51% equity share capital of the Company. Further, during the year the Company was able to expand its operational renewable portfolio by 231 MW due to acquisition of renewable projects and an additional 565 MW projects are under development / acquisition. With our strong balance sheet, the Company will continue to pursue profitable growth opportunities across the entire value chain of the Power sector.” Result PDF