Torrent Power Q2 FY27 Financial & Operational Performance

TORNTPOWER Key Financial Highlights Revenue Expansion: Revenue from operations grew 24.5% YoY to ₹9,802 crore (compared to ₹7,876 crore in Q2 FY26), driven by increased power demand and operational additions. Profitability Growth: Net profit rose 12.9% YoY to ₹838 crore (from ₹742 crore), showcasing steady bottom-line growth. EBITDA & Margins: EBITDA increased 15.5% YoY to ₹1,739 crore. However, EBITDA margin slightly narrowed by 100 bps to 18% from 19%, largely impacted by higher finance costs associated with increased borrowings. Operational Highlights & Growth Drivers Core Segment Contributions: The company secured an incremental contribution of ₹105 crore, powered by optimized distribution operations and improved performance across its renewable energy segment. Renewable & Thermal Portfolio: Growth was supported by higher plant load factors and newly commissioned projects. The consolidation of the Nabha acquisition further augmented operational scale. Capacity Profile: Total installed generation capacity stands at 6.8 GW (2.7 GW gas-based, 2.3 GW renewable, and 1.8 GW coal-based). With 4.3 GW of renewable projects and 3 GW of pumped storage capacity currently under development, total generation capacity is on track to reach ~12.7 GW. Distribution Footprint: Torrent Power continues to serve over 4.29 million customers, supplying nearly 31 billion units across key regions in Gujarat, Maharashtra, Uttar Pradesh, and Union Territories.