TORRENT POWER LIMITED |
Registered Office : Torrent
House, Off Ashram Road, Ahmedabad-380 009 |
AUDITED CONSOLIDATED FINANCIAL
RESULTS |
FOR THE YEAR ENDED ON 31ST
MARCH, 2009 |
| Rs. in Crores except per share data |
Particulars |
For
the quarter ended on 31.03.2009 |
For
the quarter ended on 31.03.2008 |
For
Year ended on 31.03.2009 |
For
Year ended on 31.03.2008 |
| |
(Unaudited) |
(Unaudited) |
(Audited) |
(Audited) |
| |
|
|
|
|
Income |
|
|
|
|
Net Sales/Income from Operations |
1019.02 |
920.75 |
4316.07 |
3618.32 |
Other Operating Income |
39.52 |
25.85 |
109.20 |
98.02 |
Total Income |
1058.54 |
946.60 |
4425.27 |
3716.34 |
| |
|
|
|
|
Expenditure |
|
|
|
|
(a) Power Purchase |
560.33 |
484.82 |
2260.44 |
1932.47 |
(b) Fuel Cost |
191.43 |
197.01 |
924.96 |
741.48 |
(c) Staff Cost |
36.69 |
34.67 |
161.02 |
140.37 |
(d) Depreciation |
48.54 |
38.09 |
183.14 |
147.94 |
(e) Other Expenditure |
78.45 |
74.47 |
297.58 |
323.48 |
Total Expenditure |
915.44 |
829.06 |
3827.14 |
3285.74 |
| |
|
|
|
|
Profit from Operations
before Other Income, Interest & Exceptional Items |
143.10 |
117.54 |
598.13 |
430.60 |
Other Income |
15.06 |
1.79 |
40.44 |
5.75 |
Profit before Interest
& Exceptional Items |
158.16 |
119.33 |
638.57 |
436.35 |
Interest |
52.88 |
13.07 |
155.48 |
59.78 |
Profit after Interest but
before Exceptional Items |
105.28 |
106.26 |
483.09 |
376.57 |
Exceptional Items |
- |
- |
- |
- |
Profit from Ordinary Activities
Before Tax |
105.28 |
106.26 |
483.09 |
376.57 |
Provision for Taxation |
|
|
|
|
- Current Tax |
3.95 |
30.26 |
55.00 |
79.77 |
- Deferred Tax Liability / (-)
Assets |
(39.74) |
2.23 |
23.81 |
61.22 |
- Fringe Benefit Tax |
0.27 |
0.03 |
0.91 |
1.06 |
Short / (-) Excess Provisions for
Current Tax of earlier years |
(2.12) |
23.28 |
(2.80) |
23.28 |
Net Profit from Ordinary
Activities After Tax |
142.92 |
50.46 |
406.17 |
211.24 |
Extraordinary Items |
- |
- |
- |
- |
Net Profit for the period |
142.92 |
50.46 |
406.17 |
211.24 |
Paid up Equity Share Capital (F.V.
Rs.10/- per share) |
472.45 |
472.45 |
472.45 |
472.45 |
Reserves excluding Revaluation
Reserves as per Balance Sheet of Previous Accounting Year |
- |
- |
2759.47 |
2417.31 |
Earnings Per Share (EPS)
a. Basic & Diluted EPS before Extra ordinary items for
the period, for the year to date and for the previous year
(in Rs.) (Non-annualised) |
3.03 |
1.07 |
8.60 |
4.47 |
| b. Basic & Diluted EPS after Extra ordinary
items for the period, for the year to date and for the previous
year (in Rs.) (Non-annualised) |
3.03 |
1.07 |
8.60 |
4.47 |
| Aggregate of Public Shareholding |
|
|
|
|
| Number of Shares (in Lacs) |
2231.12 |
2234.82 |
2231.12 |
2234.82 |
| Percentage of Shareholding |
47.22% |
47.30% |
47.22% |
47.30% |
Promoters and Promoter Group Shareholding
a. Pledged / Encumbered
- Number of shares (in Lacs)
- Percentage of shares (as a % of the total shareholding
of promoter and promoter group
- Percentage of shares (as a % of the total share capital
of the company)
|
522.87
20.97%
11.07%
|
-
-
-
|
522.87
20.97%
11.07%
|
-
-
-
|
b. Non – encumbered
- Number of shares (in Lacs)
- Percentage of shares (as a % of the total shareholding
of promoter and promoter group
- Percentage of shares (as a % of the total share capital
of the company)
|
1970.49
79.03%
41.71%
|
-
-
-
|
1970.49
79.03%
41.71%
|
-
-
-
|
| Notes: |
1. |
The figures for the corresponding periods
have been regrouped, wherever necessary, to make them
comparable with the figures for the current periods. |
2. |
Torrent Energy Limited became a subsidiary
of the Company on 19th March, 2009. |
3. |
The consolidated financial results include
the financial results of four subsidiaries: Torrent Power
Grid Limited, Torrent Pipavav Generation Limited, Torrent
Energy Limited, Torrent Power Bhiwandi Limited |
4. |
The Audit Committee has reviewed the above
results and the same have been approved by the Board of
Directors in their respective meetings held on 16th May,
2009. |
5. |
The Company operates only in one business
segment viz. Generation, Transmission and Distribution
of Electricity. |
6. |
On 16th May, 2009, the Board of Directors
has recommended dividend of Rs.2.00 per equity share of
Rs 10/- each fully paid up for the year 2008-09. The aggregate
amount of dividend to be distributed is Rs. 110.55 crores
including Rs. 16.06 crores as tax on profit to be distributed. |
7. |
Details of the investor complaints for the
quarter ended on 31st March, 2009: Unresolved at the beginning
of the quarter - NIL, Received during the quarter –
50, Disposed off during the quarter – 50, Unresolved
at the end of the quarter – NIL. |
|
8. |
The stand alone audited financial results
for the quarter and the year ended on 31st March, 2009
are available on the Company’s website at www.torrentpower.com. |
| |
|
For, TORRENT POWER LIMITED |
| |
|
|
| |
Place : Ahmedabad |
Sudhir Mehta |
| |
Date : 16th May, 2009 |
Chairman |
|
copyright-2005
:: Disclaimer
:: Privacy Policy
