Torrent Power Ltd reported Q3 FY26 consolidated revenue of ₹67.78 billion and a net profit of ₹6.43 billion. The company announced plans to raise up to ₹70 billion via Non-Convertible Debentures (NCDs) through private placement and declared a dividend of ₹15 per share, reinforcing its strong financial position.
Torrent Power Ltd, one of India’s leading integrated power utilities, has released its December quarter consolidated financial results, showcasing steady operational performance. The company reported ₹67.78 billion in revenue from operations and a net profit of ₹6.43 billion, reflecting resilience in generation, distribution, and renewable energy segments.
In a significant funding move, Torrent Power’s board approved raising up to ₹70 billion through the issuance of Non-Convertible Debentures (NCDs) via private placement. This capital infusion is expected to support expansion projects, strengthen liquidity, and enhance the company’s ability to invest in renewable energy and infrastructure upgrades.
Additionally, Torrent Power declared a dividend of ₹15 per share, underscoring its commitment to shareholder returns. Analysts note that the combination of strong earnings, strategic fundraising, and dividend payout highlights the company’s balanced approach to growth and investor confidence.
Key Highlights
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Revenue Performance: Consolidated revenue from operations at ₹67.78 billion in Q3 FY26.
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Profitability: Net profit after tax of ₹6.43 billion.
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Fundraising Plan: Board approved issuance of NCDs up to ₹70 billion via private placement.
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Dividend Declared: ₹15 per share announced for shareholders.
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Strategic Focus: Funds to support renewable energy and infrastructure expansion.
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Market Outlook: Strong financials reinforce Torrent Power’s position in India’s power sector.
Sources: Economic Times – Torrent Power Q3 Results; Business Standard – NCD Fundraising Announcement; Moneycontrol – Dividend Declaration and Market Analysis