Torrent Power Limited — Updates, 14-05-2025: Press Release

Torrent Power reported a 63% jump in net profit to ₹3,059 Cr, supported by stronger gas and distribution segments, a one-time tax gain, and investment profits. Revenue rose 7% to ₹29,165 Cr, with EBITDA up 18% to ₹5,795 Cr. Distribution losses dropped to a record low of 2.34%, driven by operational efficiency in franchised areas. The company raised ₹3,500 Cr through a 4x oversubscribed QIP. A 2,000 MW Pumped Storage Hydro deal and ongoing 3 GW renewable plus 3 GW storage projects signal robust growth potential.