Torrent Power in Spotlight After Sharp Profit Drop in Q4

will remain in focus on 13 May 2026 after reporting a weak Q4 performance. Consolidated net profit plunged nearly 70% YoY to Rs 318.2 crore compared to Rs 1,059.6 crore last year. Revenue also slipped marginally by 0.8% to Rs 6,406.1 crore. A major drag came from tax expenses of Rs 215.87 crore against a hefty tax write-back of Rs 457.87 crore in the year-ago quarter. Investor sentiment remained under pressure as the stock closed lower for the third consecutive session and is now down over 12% from its 52-week high. Market participants will closely track the price behavior after the disappointing earnings performance. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.