Q2 2024 Torrent Power Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to Torrent Power Limited Q2 FY '24 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.
Thank you, Nirav. Good evening to all of you, and thank you for joining the earnings call of Torrent Power for Q2 FY '24. First, I will take you through the performance of the quarter, after which phone lines will be open for a Q&A session.
I will explain the performance of the company at PBT level first and then take you through the tax expenses separately. Reported PBT for the quarter stood at INR 741 crores as compared to INR 725 crores in the corresponding quarter of last year, an increase of about INR 16 crores, about roughly about 2% on a reported basis.
There were no nonrecurring items in both the quarters, current as well as corresponding quarter last year.
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |