Conference Call with Torrent Power Ltd. Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
Electric Utilities company Torrent Power announced Q3FY24 & 9MFY24 results: Q3FY24 Financial Highlights: Revenue from operations of Rs 6,366 crore, a slight decrease from Rs 6,443 crore in Q3FY23. EBITDA of Rs 1,098 crore, a notable decrease from Rs 1,527 crore in Q3FY23. PAT of Rs 374 crore, a significant decline from Rs 695 crs in Q3FY23. 9MFY24 Financial Highlights: Revenue from operations of Rs 20,655 crore, showcasing an increase from Rs 19,656 crore in 9MFY23. EBITDA of Rs 3,698 crore, compared to Rs 3,954 crore in 9MFY23. PAT of Rs 1,449 crore, down from Rs 1,681 crore in 9MFY23. Dividend: An interim dividend of Rs 12.00 per equity share has been approved. Operational Highlights: Installed Generation Capacity: 4,287 MW (2,730 MW gas-based, 1,195 MW renewable, 362 MW coal-based). Renewable projects of 977 MW are currently under development, totaling a planned capacity of 5,264 MW. Distribution: Serving over 4.03 million customers, distributing nearly 28 billion units across its operational regions. Result PDF