Q3 2024 Torrent Power Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to Torrent Power Limited Q3 FY24 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Saurabh Mashruwala, Chief Financial Officer, Torrent Power Limited. Thank you, and over to you, sir.
Good evening to all of you, and thank you for joining the earnings call of Torrent Power for Q3 FY24. First, I will take you through the performance of the quarter, after which phone lines will be open for a Q&A ses
Reported PBT for the quarter stood at INR514 crores as compared to nine INR977 crores in the corresponding quarter last year. The lower PBT due to reduction in profit for the thermal generation business by INR478 crores on account of lower net gains in current quarter from the sale of LNG as well as merchant power compared to corresponding quarter last year.
Apart from this, the underlying business across coal generation, renewable generation and as well as
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