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Torrent Power LimitedBoard Meeting, 14-05-2025: Outcome of Board Meeting

14-05-2025 | 05:36 pm

Torrent Power has announced a board meeting on a final dividend of ₹5/share, taking the total dividend to ₹19/share for FY25. The company reported consolidated revenue of ₹29,165 Cr and a profit after tax of ₹3,059 Cr, up sharply from ₹27,183 Cr and ₹1,896 Cr in the previous year. It plans to raise up to ₹3,000 Cr through non-convertible debentures. Usha Sangwan is up for re-appointment as an independent director for five years. Notably, the company is transferring its renewable power assets to a wholly owned subsidiary, signaling a strategic focus on green energy.

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