Q4 2023 Torrent Power Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to Torrent Power Limited Q4 FY '23 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.
Thank you so much. Good morning to all of you. Thank you for joining the earning call of Torrent Power Limited for Q4 FY '23. First, I will take you through the performance of the quarter, after which all lines will be open for a Q&A session.
We extend the performance of the company at PBT (inaudible) and we take the tax expense separately thereafter. Reported PBT for the quarter before exceptional items stood at INR 668 crores as compared to INR 597 crores in the corresponding quarter last year, an increase by INR 71 crores, about 12% on a reported basis.
To understand the underlying performance of the company, we'll take you through the nonrecurring items first, in the
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