Conference Call with Torrent Power Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Power & Electric Utilities company Torrent Power announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Rs 6,456 crore in Q4FY25 compared to Rs 6,529 crore in Q4FY24, down by 1% Rs 1,245 crore in Q4FY25 compared to Rs 1,206 crore in Q4FY24, up by 3% Rs 1,085 crore in Q4FY25 compared to Rs 448 crore in Q4FY24, up by 142% FY25 Financial Highlights: Rs 29,165 crore in FY25 compared to Rs 27,183 crore in FY24, up by 7% Rs 5,795 crore in FY25 compared to Rs 4,904 crore in FY24 up by 18% Rs 3,059 crore in FY25 compared to Rs 1,882 crore in FY24, up by 63% Commenting on the performance, the Company’s Chairman, Samir Mehta said: “FY25 was a transformative year for the Company, marked by significant advancements across operational, financial and strategic growth initiatives. During the year, the Company completed its highly successful maiden equity raise of Rs. 3,500 crore through QIP; which was also the first equity raise by the Torrent Group in the last three decades. The successful completion of the issue, with 4 times oversubscription, underscores TPL’s strong credentials and highlights the company’s future growth prospects as one of the fastest growing in the country’s power sector. The Company made significant progress in building on its strategic initiatives by entering into first-of-its-kind in India, Energy Storage Facility Agreement (ESFA) with MSEDCL for supplying 2,000 MW / 16,000 MWh Pump Storage Hydro power for 40 years. Our gas-based power projects were able to supply power in merchant market including NVVN tenders and under Sec 11, imposed first time on gas-based power plants by Government, contributing significantly to the bottom-line. Our Distribution business continued to set new operational benchmarks with Distribution loss of 2.34% in our licensed distribution business. This achievement is a testament of our operational capabilities and is the lowest Distribution loss in the country and is comparable to global benchmarks. In our franchised distribution areas, Agra achieved its historic low AT&C; losses of 6.94% compared to 58.77% when we took over the operations in Agra in 2010.” “The Company is well-poised for the next phase of growth with under-construction pipeline of more than 3 GW of renewable projects & 3 GW of Pump Storage Hydro power project alongwith a robust balance sheet endeavouring to deliver sustainable growth for our shareholders.” Result PDF
Conference Call with Torrent Power Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.