NSEPress Release2d ago · 4 Nov 2026, 04:55 pm
Press Release
Torrent Power Limited · TORNTPOWER
✦ AI Summary▲ PositiveResults
Torrent Power Limited has announced its Q2 FY27 results, with revenue from operations increasing by 24% to ₹9,801 Crs and EBITDA growing by 26% to ₹1,988 Crs.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Torrent Power Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "Torrent Power announces Q2 FY27 results".
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November 04, 2026
To, To,
Corporate Relationship Department Listing Department
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-400001 Mumbai-400051
SCRIP CODE: 532779 SCRIP SYMBOL: TORNTPOWER
Dear Sir / Madam,
Re: Media release
Media Release on Unaudited Consolidated Financial Results for the quarter and half year
ended September 30, 2026 is enclosed for your records which will be disseminated shortly.
Thanking you.
Yours faithfully,
For Torrent Power Limited
Rahul Shah
Company Secretary & Compliance Officer
Encl.: As above
Torrent Power announces Q2 FY27 results
Revenue from Operations
₹9,801 Crs in Q2 FY 2026-27 compared to ₹7,876Crs in Q2 FY 2025-26, up by 24%
₹17,926 Crs in H1 FY 2026-27 compared to ₹15,782Crs in H1 FY 2025-26, up by 14%
EBITDA
Major ₹1,988 Crs in Q2 FY 2026-27 compared to ₹1,584 Crs in Q2 FY 2025-26,up by 26%
Highlights
₹3,606 Crs in H1 FY 2026-27 compared to ₹3,171Crs in H1 FY 2025-26, up by 14%
Total Comprehensive Income (TCI)
₹835 Crs in Q2 FY 2026-27 compared to ₹730 Crs in Q2 FY 2025-26, up by 14%
₹1,474 Crs in H1 FY 2026-27 compared to ₹1,469Crs in H1 FY 2025-26
Ahmedabad, November 04, 2026: Torrent Power Limited (the “Company”) today announced
financial results for the quarter and six months ended September 30, 2026.
Company delivered strong operational performance during the quarter, resulting in adjusted
EBITDA growth of 29% during the quarter, driven by robust performance across its distribution
and renewable energy businesses, along with consolidation of Nabha Acquisition. Adjusted
EBITDA includes impact of ₹54 Crs of principal recovery relating to Nabha acquisition, recognised
in the balance sheet in line with applicable lease accounting principles.
Company reported incremental TCI of ₹105 Crs for the quarter, primarily attributable to:
Improved operational performance across the Company's distribution businesses.
Improved performance of renewable portfolio, driven by higher plant load factors and
contribution of projects commissioned.
Increase in contribution due to acquisition of Nabha.
Higher finance costs resulting from increased borrowings.
About Torrent Power:
Torrent Power, the ₹28,966 Crs integrated power utility of approx. ₹50,000 Crs Torrent Group,
is one of the largest companies in the country’s power sector with presence across the entire
power value chain – generation, transmission and distribution.
Generation:
❖ The Company has an aggregate installed generation capacity of 6.8 GWp comprising of 2.7 GW
of gas-based capacity, 2.3 GWp of renewable capacity and 1.8 GW of coal-based capacity.
Further, Renewable projects of ~4.3 GWp, Pumped Storage Capacity of 3 GW and coal-based
power capacity of 1.6 GW are under development. Total Generation and Pumped Storage
capacity, including projects under development, is ~12.7 GWp and 3 GW respectively,
positioning Torrent Power as a key player in India’s energy transition.
Distribution:
❖ The Company distributes nearly 31 billion units to around 4.29 million customers in the cities
of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat, Union Territory of
Dadra and Nagar Haveli and Daman and Diu (DNH & DD), Bhiwandi, Shil, Mumbra and Kalwa
in Maharashtra and Agra in Uttar Pradesh.
❖ Torrent Power is widely considered to be the leading power distributor in India, and its
licensed areas in Gujarat has the distinction of having the lowest distribution losses and best
reliability indices in the country, reinforcing customer trust and satisfaction.
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