Revenue from operations during the quarter increased 9.8% YoY to Rs 7,876 crore, up from Rs 7,176 crore in the same period last year, supported by improved profitability metrics.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 24.7% YoY to Rs 1,506 crore from Rs 1,207 crore, while the EBITDA margin expanded by 230 basis points to 19.1% from 16.8% a year ago.
Total Comprehensive Income (TCI) for the quarter stood at Rs 730 crore, up 48% YoY from Rs 492 crore in Q2 FY25, driven by a Rs 238 crore year-on-year increase.
For the first half of FY26 (H1FY26), revenue from operations was Rs 15,782 crore, compared with Rs 16,210 crore in the year-ago period. EBITDA came in at Rs 3,171 crore, slightly lower than Rs 3,266 crore in H1 FY25, while TCI stood at Rs 1,469 crore versus Rs 1,484 crore a year earlier.
Torrent Power said the quarter’s performance was aided by higher contributions from merchant power sales, including LNG-based generation, and lower finance costs. However, these gains were partially offset by higher depreciation charges arising from capital expenditure and the commissioning of new renewable generation capacity.Also read: Nithin Kamath says Robinhood makes Rs 1,300 crore from just instant withdrawals, calls US banking system ‘broken’
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