Outcome of Board Meeting

November 04, 2026 To, To, Corporate Relationship Department L i s t i n g D e p a r t m e n t , BSE Limited National Stock Exchange of India Limited 14th Floor, P. J. Towers, “Exchange Plaza”, C – 1, Block G Dalal Street, Fort, Bandra- Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai 400 051 SCRIP CODE: 532779 SYMBOL: TORNTPOWER Dear Sir / Madam, Re: Disclosure pursuant to Regulations 30 and 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Sub: Outcome of the Board Meeting dated November 04, 2026 We would like to inform you that the Board of Directors at its Meeting held today i.e. November 04, 2026 inter-alia, considered and approved the Statement of Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026 alongwith Limited Review Reports of the Statutory Auditor thereon, attached herewith. The Board Meeting commenced at 01:50 pm and concluded at 04:00 pm. The above information is also available on the website of the Company. Thanking you. Yours faithfully, For Torrent Power Limited Rahul Shah Company Secretary & Compliance Officer Encl.: As above Price Waterhouse Chartered Accountants LLP Review Report The Board of Directors Torrent Power Limited 'Samanvay', 600, Tapovan, Ambawadi, Ahmedabad -380015 1. We have reviewed the standalone unaudited financial results of Torrent Power Limited (the "Company") for the quarter ended September 30, 2026 and the year to date results for the period April 01, 2026 to September 30, 2026, the Standalone Statement of Assets and Liabilities as on that date and the Standalone Statement of Cash Flows for the half-year ended on that date together with notes thereon which are included in the accompanying Statement of Standalone financial results for the quarter and the six months ended September 30, 2026 (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. 2. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does no"t enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52 read with Regulation 63 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Price Waterhouse Chartered Accountants LLP, 17th Floor, Shapath V, Opp. Karnavati Club, S G Highway Ahmedabad -380 051, Gujarat, India T: +91 (79) 69247156 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi -110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its !CAI registration number is 012754N/N500016 (!CAI registration number before conversion was 012754N) TORRENT POWER LIMITED Registered Office: "Samanvay", 600, Tapovan, Ambawadi, Ahmedabad -380 015, Ph.: 079-26628000 CIN: L31200GJ2004PLC044068; Website: www.torrentpower.com; E-mail: cs@ltorrentpower.com STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026 (~ in Crore except per share data) Particulars For the year For the quarter ended For the six months ended ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Un-Audited Un-Audited Un-Audited Un-Audited Un-Audited Audited Income Revenue from operations 6,542.81 6,048.71 6, 106.26 12,591.52 12,273.30 21,850.03 Olher income 233.83 183.22 187.73 417.05 360.33 685.95 Total income 6,776.64 6,231.93 6,293.99 13,008.57 12,633.63 22,535.98 Expenses Electrical energy purchased 3,176.53 3,280.53 2,580.47 6,457.06 5,224.52 9,683.53 Fuel cost 1,623.36 1,091.68 1,310.62 2,715.04 2,861.96 3,944.21 Purchase of stock-in-trade 5.97 - 463.66 5.97 724.76 1,593.67 Employee benefits expense 177.86 149.58 144.55 327.44 303.58 601.15 Finance costs 272.43 206.75 164.37 479.18 328.31 695.58 Depreciation and amortisation expense 270.00 271.28 266.20 541.28 542.96 1,136.39 other expenses 370.62 426.62 400.80 797.24 781.77 1,531.04 Total expenses 5,896.77 5,426.44 5,330.67 11,323.21 10,767.86 19,185.57 Profit before tax 879.87 805.49 963.32 1,685.36 1,865.77 3,350.41 Tax expense -Current Tax 205.20 196.45 194.40 401.65 389.52 679.63 -Deferred tax (1.17) 21.89 22.76 20.72 45.20 95.67 Total tax expense 204.03 218.34 217.16 422.37 434.72 775.30 Profit for the period 675.84 587.15 746.16 1,262.99 1,431.05 2,575.11 Other comprehensive income : Items that will not be reclassified to profit or Joss (12.05) 12.78) 118.36) 114.83) (17.92) (10.71) Tax relating to Items that will not be reclassified to profit or loss (3.03) (0.70) (6.42) (3.73) (6.27) (2.70) Items that will be reclassified subsequently to profit or Joss 12.08 (24.81) 0.95 (12.73) (2.29) 69.41 Tax relating to Items that will be reclassified subsequently to profit or Joss 3.04 (6.24) 0.33 13.20) (0.80) 17.10 Other comprehensive income for the period (net of tax) 0.02 (20.65) (11.32) (20.63) 113.14) 44.30 Total comprehensive income for the period 675.86 566.50 734.84 1,242.36 1,417.91 2,619.41 Paid up equity share capital (F.V. '{ 10/-per share) 503.90 503.90 503.90 503.90 503.90 503.90 Reserves excluding revaluation reserves as per balance sheet of previous accounting year 18,563.85 Earnings oer share (of'{ 10/-each) (not annualised) (a) Basic ('{) 13.41 11.65 14.81 25.06 28.40 51.10 (bl Diluted ('{) 13.41 11.65 14.81 25.06 28.40 51.10 Standalone Statement of Assets and Liabilities (tin Crore) As at As at Particulars September March 31, 30,2026 2026 Un-audited Audited ASSETS Non-current assets Property, plant and equipment 15,591.55 15,646.94 Right-of-use assets 199.79 194.19 Capital work-in-progress 1,334.27 953.71 Investment property 337.60 0.37 Intangible assets 11.92 9.15 Intangible assets under development 3.25 Financial assets Investments in subsidiar [Showing first 8,000 characters — download PDF for full document]