Torrent Power Shares to Trade Ex-Date on February 12: Interim Dividend of ₹14

On February 12, 2025, Torrent Power shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹14 interim dividend.

Torrent Power Dividend History

Torrent Power Q3FY25 Earnings Highlights

During Q3FY25, Torrent Power Limited reported a notable increase in its Total Comprehensive Income (TCI) by ₹121 Crores on a year-over-year basis, primarily driven by several factors that impacted its performance.

One of the key contributors to this growth was a higher contribution from gas-based power plants. Additionally, the Company benefited from a gain from selling non-current investments. However, there was a reduction in the contribution from the renewable business, which was mainly attributed to lower wind resources, causing a decrease in the Plant Load Factor (PLF).

During the quarter, Torrent Power achieved significant milestones. The company successfully completed a Qualified Institutions Placement (QIP), raising approximately ₹3,500 Crores (around USD 413.20 million). This marks the company’s first-ever equity raise, which saw an overwhelming response from a wide range of marquee global and domestic investors. Moreover, Torrent Power also executed an Energy Storage Facility Agreement with MSEDCL, aimed at developing and supplying 2,000 MW / 16,000 MWh of Pump Storage Hydro power.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.