Torrent Power Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	290,166	291,653	271,832	256,941	142,576	121,727
Revenue Growth (YoY)	-0.76%	7.29%	5.79%	80.21%	17.13%	-10.76%
Fuel & Purchased Power	191,590	201,675	193,912	169,488	85,198	69,689
Operations & Maintenance	-	-	-	-	-	3,857
Selling, General & Admin	-	-	-	-	-	150.7
Depreciation & Amortization	15,809	14,971	13,775	12,810	13,339	12,796
Provision for Bad Debts	-	-	-	-	-	545.5
Other Operating Expenses	42,292	35,846	31,067	38,298	21,040	12,605
Total Operating Expenses	249,691	252,492	238,754	220,595	119,577	99,642
Operating Income	40,475	39,161	33,078	36,346	22,999	22,084
Interest Expense	-8,863	-10,122	-9,176	-7,881	-6,139	-7,619
Interest Income	1,366	1,366	568	688.4	666.2	796.6
Net Interest Expense	-7,497	-8,756	-8,608	-7,193	-5,473	-6,823
Currency Exchange Gain (Loss)	-105.4	-105.4	-39.8	-107.7	53.4	-104.9
Other Non-Operating Income (Expenses)	-805.4	405.9	768.6	589.7	404.8	224.5
EBT Excluding Unusual Items	32,068	30,706	25,199	29,636	17,984	15,381
Gain (Loss) on Sale of Investments	1,847	1,847	599.2	628.7	256.4	221
Gain (Loss) on Sale of Assets	-26.9	-26.9	28.2	149.3	63.9	-84.7
Asset Writedown	-	-	-	-	-13,000	-
Other Unusual Items	-	-	-	-	335	-
Pretax Income	33,888	32,526	25,826	30,414	5,640	15,518
Income Tax Expense	1,737	1,940	6,866	8,767	1,053	2,559
Earnings From Continuing Ops.	32,151	30,586	18,960	21,647	4,587	12,959
Minority Interest in Earnings	-572.9	-701.1	-627.7	-472.4	-47.2	-49.4
Net Income	31,578	29,885	18,332	21,174	4,540	12,909
Net Income to Common	31,578	29,885	18,332	21,174	4,540	12,909
Net Income Growth	33.85%	63.02%	-13.42%	366.41%	-64.83%	9.95%
Shares Outstanding (Basic)	504	488	481	481	481	481
Shares Outstanding (Diluted)	504	488	481	481	481	481
Shares Change (YoY)	4.44%	1.55%	-	-	-	-
EPS (Basic)	62.68	61.23	38.14	44.06	9.45	26.86
EPS (Diluted)	62.68	61.23	38.14	44.06	9.45	26.86
EPS Growth	28.17%	60.54%	-13.43%	366.41%	-64.83%	9.95%
Free Cash Flow	-	4,747	6,019	3,667	13,580	16,916
Free Cash Flow Per Share	-	9.73	12.52	7.63	28.26	35.20
Dividend Per Share	20.000	19.000	16.000	13.000	9.000	11.000
Dividend Growth	11.11%	18.75%	23.08%	44.44%	-18.18%	66.67%
Profit Margin	10.88%	10.25%	6.74%	8.24%	3.18%	10.61%
Free Cash Flow Margin	-	1.63%	2.21%	1.43%	9.53%	13.90%
EBITDA	56,094	53,886	46,612	48,928	36,216	34,800
EBITDA Margin	19.33%	18.48%	17.15%	19.04%	25.40%	28.59%
D&A For EBITDA	15,619	14,725	13,533	12,582	13,217	12,715
EBIT	40,475	39,161	33,078	36,346	22,999	22,084
EBIT Margin	13.95%	13.43%	12.17%	14.15%	16.13%	18.14%
Effective Tax Rate	5.13%	5.96%	26.59%	28.83%	18.67%	16.49%
Revenue as Reported	293,827	296,525	275,275	260,760	144,927	123,145

Source: S&P Global Market Intelligence. Utility template. Financial Sources.