Q3 2023 Torrent Power Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Torrent Power Limited Q3 FY '23 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Lalit Malik, CFO, Torrent Power Limited. And over to you, sir.
Thank you. Good evening to all of you, and thank you for joining earnings call of Torrent Power for quarter 3 FY '23.
First, I'll take you through the performance of the quarter, after which phone lines will be open for question-and-answer session. I'll explain the performance of the company at PBT level first and will take tax expense separately thereafter.
Reported PBT for the quarter stood at INR 977 crores as compared to INR 509 crores in the corresponding quarter of last year, an increase of INR 468 crores, that is 92% on reported basis.
There are no nonrecurring items in both the current quarter and corresponding quarter of last year.
I'll now take you through key highlights on
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