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Ahmedabad: Torrent Power Limited (the “Company”) today announced its financial results for the quarter and financial year ended March 31, 2026. After adjusting for reversal of one-time, non-cash deferred tax liabilities of ₹637 crore in FY 2025-26, TCI recorded an increase of ₹92 crore for the year. The following factors mainly contributed to this growth:

• Improving operational performance of licensed and franchised distribution businesses.
• Improved operating performance in the renewable energy sector, although this was partially offset by increased interest and depreciation costs due to the implementation of new projects.
• Contribution from the gas-based power generation business remained limited due to changing power demand and gas market volatility.
• Profits arising from sale of non-current investments during FY 2024 – 25.

The company has a strong balance-sheet as of March 31, 2026. The company’s Net Debt: Equity ratio was 0.67 and Net Debt: EBITDA ratio was 2.06, which is one of the best financial ratios among private power sector companies.

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The Board of Directors meeting held today has recommended a final dividend of ₹5.00 per equity share. The total dividend for FY 2025-26 has been fixed at ₹20.00 per equity share, which includes an interim dividend of ₹15.00 per share and a final dividend of ₹5.00 per share.