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Torrent Power Ltd

Q2 FY27Power

Torrent Power Q2 Results 2026 (FY27): Revenue ₹9,802 Cr, PAT ₹838 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Price₹1,234
Market cap₹62.2K Cr
P/E26.8
Updated4 Nov 2026
Read3 min read

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Based on Torrent Power Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Revenue from Operations for Q2 FY26-27: ₹9,802 crore, up 24% YoY from ₹7,876 crore in Q2 FY25-26 (Page 18). EBITDA for Q2 FY26-27: ₹1,988 crore, a 25% increase YoY (Q2 FY25-26: ₹1,584 crore).

From Torrent Power Ltd's Q2 FY27 earnings-call transcript · updated 4 Nov 2026.

How did Torrent Power's revenue grow in the September 2026 quarter?

  • Revenue from Operations for Q2 FY26-27: ₹9,802 crore, up 24% YoY from ₹7,876 crore in Q2 FY25-26 (Page 18).
  • Power Purchase Cost for Q2 FY26-27: ₹7,248 crore versus ₹5,242 crore YoY.
  • Contribution in Q2 FY26-27: ₹2,548 crore, a 17% increase YoY.
  • Profit After Tax for Q2 FY26-27: ₹838 crore, up 13% YoY.
  • Renewable Power PLF improved YoY: Solar 18.9% (from 16.0%), Wind 30.8% (from 30.1%) in Q2 (Page 20).

2 more points from Torrent Power Ltd's call on revenue

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What happened to Torrent Power's margins in Q2 FY27?

See what Torrent Power Ltd said on profitability & margins — free account, 30 seconds.

What capex is Torrent Power planning?

  • Renewable Energy Pipeline:
  • Total pipeline capacity ~4.5 GW (under installation).
  • Specific projects include:
  • SECI XVI Wind: 122 MWp, costing ₹925 Cr, commissioning partly FY27 & FY28.
  • SECI XVIII Wind: 300 MWp, ₹2,360 Cr, commissioning in FY28.
  • TPL-D Hybrid: 830 MWp, ₹5,500 Cr, commissioning progressively FY27-FY29.
  • REMCL Hybrid: 401 MWp, ₹3,039 Cr, partly FY27 & FY28.
  • Merchant Wind & Hybrid: 607 MWp, ₹4,824 Cr, progressively FY27-FY28.
  • TPL-D (FDRE) Hybrid: 500 MWp, ₹3,000 Cr, FY29.
  • SECI XX Wind: 150 MWp, ₹1,250 Cr (LOA received).
  • MPPMCL Wind: 300 MWp, ₹2,400 Cr (LOA received).
  • Satluj Jal Vidyut Nigam Wind: 100 MWp, ₹850 Cr (LOA received).
  • C&I Solar & Hybrid: ~1,183 MWp, ₹6,490 Cr, commissioned progressively.
  • Pumped Storage Hydro Project:
  • 3,000 MW capacity at Raigad, Maharashtra.
  • Project cost ~₹14,000 Cr.
  • Contracts for Civil, Hydro, Electrical, and Mechanical packages signed.
  • Environment & Forest clearance received.
  • SCOD (Scheduled Commercial Operation Date) Mar 2030.
  • Coal-based Project Under Development:
  • Anuppur Ultra-Supercritical Coal Plant, 1,600 MW.

2 more points from Torrent Power Ltd's call on capex

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Top-ranked in Power

Ranked on what management guided this quarter

Guidance-ranked
1Insolation Ener
Rev 1Mar 1
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Torrent Power raising money or cutting debt?

See what Torrent Power Ltd said on fundraising & capital structure — free account, 30 seconds.

How big is Torrent Power's order book?

See what Torrent Power Ltd said on order book & pipeline — free account, 30 seconds.

Torrent Power Ltd — Quarterly revenue & net profit

Revenue Net profit
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Q2 FY27 figures are not in this chart yet. Latest shown: Jun 2026 (Q1 FY27). The Q2 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹8.1K Cr, net profit ₹662 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Power this season

  • NLC India Ltd (Q2 FY27)

    Revenue from Operations for the quarter ended 30th September 2026 (Consolidated): ₹4,732.35 Crore . Key results statement takeaways from NLC India Ltd's Q2 FY27

  • Anzen IYEP Trust (Q2 FY27)

    Q2 FY27: ₹3,004 Mn (Page 8) . Key investor presentation takeaways from Anzen India Energy Yield Plus Trust's Q2 FY27 investor presentation — and how it ranks ag

  • Surana Telecom (Q2 FY27)

    Standalone Revenue from Operations for Q2 FY 2026-27 (Quarter ended 30.09.2026):** ₹100.98 lakhs . Key results statement takeaways from Surana Telecom and Power

  • Clean Max Enviro (Q2 FY27)

    Q2 FY27 Revenue from Operations: ₹7,277 million, up 37% YoY from ₹5,306 million in Q2 FY26 (Page 9). Key investor presentation takeaways from Clean Max Enviro E

🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Torrent Power Ltd Q2 FY27 results?

Revenue from Operations for Q2 FY26-27: ₹9,802 crore, up 24% YoY from ₹7,876 crore in Q2 FY25-26 (Page 18). EBITDA for Q2 FY26-27: ₹1,988 crore, a 25% increase YoY (Q2 FY25-26: ₹1,584 crore).

What is Torrent Power Ltd share price analysis?

Torrent Power Ltd currently shows a neutral. The stock trades at a P/E of 26.8 with a market cap of ₹62,180 Cr. Investors should review the full earnings analysis for detailed insights.

Is Torrent Power Ltd planning capital expenditure?

Renewable Energy Pipeline:.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.