Q4 2024 Torrent Power Ltd Earnings Call Transcript

May 22, 2024 / 01:00PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Torrent Power Limited Q4 FY24 earnings 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

Good evening, all of you, and thank you for joining Torrent Power earnings call for Q4 FY24. First, I will take you through the performance of the quarter as well as for the full year, after which phone lines will be opened for the Q&A session. Let's look at the performance of the company at PBT level.

Reported PBT for the quarter stood at INR617 crores as compared to INR668 crores in the corresponding quarter of last year. Main reason for the lower profit in the current quarter is on account of lower net gains from sale of LNG of INR91 crores compared to the corresponding quarter of the last year.

To better understand the performance of the company, let me take

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