Ahmedabad: Torrent Power Limited (the “Company”) today announced financial results for the quarter ended June 30, 2025. Whilst the Company’s underlying business remains resilient, the performance in the current quarter was particularly impacted due to lower power demand following the early onset of monsoon and elevated gas prices, impacting merchant gains from gas-based generation. Adjusted for these, TCI remained comparable to the same quarter last year. Major reasons contributing to the performance were:
- Improved contributions from renewable segment, driven by solar capacity additions and favourable wind conditions, resulting in better PLF.
- Adjusted for one-time tariff order income in the previous year, improvement in operational parameters contributed to a higher profitability in the Distribution business.
Company remains well-positioned to navigate cyclical variations, supported by its diversified business operations.
