Torrent Power Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	289,663	291,653	271,832	256,941	142,576
Revenue Growth (YoY)	-0.68%	7.29%	5.79%	80.21%	17.13%
Fuel & Purchased Power	189,979	201,675	193,912	169,488	85,198
Depreciation & Amortization	16,128	14,971	13,775	12,810	13,339
Other Operating Expenses	44,270	35,846	31,067	38,298	21,040
Total Operating Expenses	250,377	252,492	238,754	220,595	119,577
Operating Income	39,286	39,161	33,078	36,346	22,999
Interest Expense	-9,345	-10,122	-9,176	-7,881	-6,139
Interest Income	-	1,366	568	688.4	666.2
Net Interest Expense	-9,345	-8,756	-8,608	-7,193	-5,473
Currency Exchange Gain (Loss)	-	-105.4	-39.8	-107.7	53.4
Other Non-Operating Income (Expenses)	3,226	405.9	768.6	589.7	404.8
EBT Excluding Unusual Items	33,168	30,706	25,199	29,636	17,984
Gain (Loss) on Sale of Investments	-	1,847	599.2	628.7	256.4
Gain (Loss) on Sale of Assets	-	-26.9	28.2	149.3	63.9
Asset Writedown	-	-	-	-	-13,000
Other Unusual Items	-	-	-	-	335
Pretax Income	33,168	32,526	25,826	30,414	5,640
Income Tax Expense	8,474	1,940	6,866	8,767	1,053
Earnings From Continuing Ops.	24,694	30,586	18,960	21,647	4,587
Minority Interest in Earnings	-529.3	-701.1	-627.7	-472.4	-47.2
Net Income	24,164	29,885	18,332	21,174	4,540
Net Income to Common	24,164	29,885	18,332	21,174	4,540
Net Income Growth	-19.14%	63.02%	-13.42%	366.41%	-64.83%
Shares Outstanding (Basic)	504	488	481	481	481
Shares Outstanding (Diluted)	504	488	481	481	481
Shares Change (YoY)	3.25%	1.55%	-	-	-
EPS (Basic)	47.95	61.23	38.14	44.06	9.45
EPS (Diluted)	47.95	61.23	38.14	44.06	9.45
EPS Growth	-21.69%	60.54%	-13.43%	366.41%	-64.83%
Free Cash Flow	-22,405	4,747	6,019	3,667	13,580
Free Cash Flow Per Share	-44.46	9.73	12.52	7.63	28.26
Dividend Per Share	20.000	19.000	16.000	13.000	9.000
Dividend Growth	5.26%	18.75%	23.08%	44.44%	-18.18%
Profit Margin	8.34%	10.25%	6.74%	8.24%	3.18%
Free Cash Flow Margin	-7.74%	1.63%	2.21%	1.43%	9.53%
EBITDA	55,414	53,886	46,612	48,928	36,216
EBITDA Margin	19.13%	18.48%	17.15%	19.04%	25.40%
D&A For EBITDA	16,128	14,725	13,533	12,582	13,217
EBIT	39,286	39,161	33,078	36,346	22,999
EBIT Margin	13.56%	13.43%	12.17%	14.15%	16.13%
Effective Tax Rate	25.55%	5.96%	26.59%	28.83%	18.67%
Revenue as Reported	292,889	296,525	275,275	260,760	144,927

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