Torrent Power Q1 FY27: EBITDA up 2%, TCI down 14% amid investments

Torrent Power announced its Q1 FY27 results, reporting a 2% year-on-year growth in EBITDA to ₹1,619 Crs, despite a challenging operating environment affecting thermal power plant performance due to geopolitical disruptions impacting LNG supplies. This growth was bolstered by strong contributions from its Distribution and Renewable Energy businesses, which saw EBITDA increases of 10% and 6%, respectively. Total Comprehensive Income (TCI) declined by 14% to ₹639 Crs from ₹739 Crs in Q1 FY26, primarily due to increased financing costs associated with strategic investments in its under-construction project portfolio. The company also completed the acquisition of Nabha Power Limited for ₹3,632.35 Crore, adding a 2x700 MW coal-based thermal power plant to its operations.