Q2 2025 Torrent Power Ltd Earnings Call Transcript

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Nov 13, 2024

Nov 13, 2024 / 01:00PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Torrent Power Limited Q2 FY25 Conference Call.(Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Saurabh Mashruwala, CFO from Torrent Power Limited. Thank you, and over to you, sir.

Saurabh Mashruwala - Torrent Power Ltd - Chief Financial Officer

Thank you so much. Good evening to all of you and thank you for joining earnings call of Torrent Power for Q2 FY25. First, I will take you to the performance of third quarter, after which phone lines will be opened for a Q&A session. We'll explain the performance of the company at PBT level first and then we'll take you through the tax expenses separately.

Reported PBT for the quarter stood at INR689 crore compared to INR741 crore in the corresponding quarter last year, a reduction of INR52 crore is about 7% reported business. PBT for the current quarter includes nonrecurring credit of INR67 crore on account of two factors: first, accounting of INR99 crore on receipt of favourable order in the

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