Torrent Power Limited — PPTs, 04-02-2025: Investor Presentation

**Financial Highlights:** Q3 FY 2024-25 revenue from operations reached ₹6,499 Cr, marking a 2% growth year-over-year, while YTD revenue improved by 10% to ₹22,709 Cr. The profit after tax for the quarter surged 30% to ₹489 Cr, driven by enhanced contributions from gas-based power plants despite a dip in renewable energy performance due to lower wind resources.

**Strategic Initiatives and Growth Drivers:** The company is on track to bolster its renewable capacity to 4.6 GW, with projects in planning across Maharashtra and Uttar Pradesh. It plans to develop storage hydro power with a partnership with MSEDCL, focusing on efficient resource utilization.

**Business Developments:** Torrent Power stands out with one of the lowest distribution losses in the country at 2.7% for FY24. The company is strengthening its operational capabilities and enhancing customer service across its distribution areas.

**Market Position and Competitive Advantage:** With a diversified portfolio including gas, coal, and renewables, Torrent leverages its position to capitalize on flexible generation opportunities. Its association with Torrent Group fosters synergies that enhance operational efficiencies and customer satisfaction.

**Investor Implications:** The positive growth momentum and strategic expansions indicate a solid outlook for investors, offering potential growth in the evolving energy sector. The focus on sustainable practices and clean energy positions the company favorably in a rapidly changing market landscape.