Torrent Power reports 30% rise in Q3FY26 net profit
Ahmedabad: Torrent Power Limited (the “Company”) today announced its financial results for the quarter ended December 31, 2025 and the first three quarters of the financial year.
Total consolidated income (TCI) increased by ₹147 crore in the quarter on year-on-year basis, driven by the following factors:
Increase in contribution from gas based power plants.
Improving operational efficiency of licensed and franchised distribution businesses.
Improvement in operating performance from the renewable energy segment, although partly offset by higher interest and depreciation costs.
Profit from sale of non-current investments during the third quarter of financial year 2024-25.
The Board of Directors meeting held today has approved an interim dividend of ₹15 per equity share highlighting the company’s strong operating performance, strong cash flows, financial discipline and commitment to continuously deliver value to shareholders.
Key points of progress during the quarter:
Long-term LNG supply agreement with JERA
As a strategic initiative to strengthen fuel security and support long-term growth, the company has entered into a 10-year LNG sales and purchase agreement with JERA of Japan. Under this agreement, a maximum of 0.27 MMTPA of LNG will be supplied per year starting from 2027. The company will use this LNG to efficiently operate its 2,730 MW capacity gas-based power plants, which will help meet the growing power demand in the country, support during peak demand periods and balance renewable energy. This agreement will also ensure reliable gas availability for Torrent Gas Limited to serve domestic consumers, commercial establishments, industrial consumers and CNG vehicles.
This long-term arrangement further strengthens the company’s integrated energy strategy, enhances reliability of supply and positions the company in a strong position to meet the growing power and clean energy demand in India.
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