TORRENT POWER LIMITED |
Registered Office : Torrent
House, Off Ashram Road,
Ahmedabad-380 009 |
AUDITED STAND ALONE 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 |
1018.71 |
920.75 |
4315.76 |
3618.32 |
Other Operating Income |
39.52 |
25.85 |
109.20 |
98.02 |
Total Income |
1058.23 |
946.60 |
4424.96 |
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 |
36.73 |
34.67 |
161.06 |
140.37 |
(d) Depreciation |
48.45 |
38.09 |
183.05 |
147.94 |
(e) Other Expenditure |
76.47 |
74.47 |
295.60 |
323.48 |
Total Expenditure |
913.41 |
829.06 |
3825.11 |
3285.74 |
| |
|
|
|
|
Profit from Operations
before Other Income, Interest & Exceptional Items |
144.82 |
117.54 |
599.85 |
430.60 |
Other Income |
15.06 |
1.79 |
40.44 |
5.75 |
Profit before Interest
& Exceptional Items |
159.88 |
119.33 |
640.29 |
436.35 |
Interest |
52.88 |
13.07 |
155.48 |
59.78 |
Profit after Interest but
before Exceptional Items |
107.00 |
106.26 |
484.81 |
376.57 |
Exceptional Items |
- |
- |
- |
- |
Profit from Ordinary Activities
Before Tax |
107.00 |
106.26 |
484.81 |
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 |
144.64 |
50.46 |
407.89 |
211.24 |
Extraordinary Items |
- |
- |
- |
- |
Net Profit for the period |
144.64 |
50.46 |
407.89 |
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 |
- |
- |
2760.95 |
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) |
3.06 |
1.07 |
8.63 |
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) |
3.06 |
1.07 |
8.63 |
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. |
The Company made an investment of Rs. 99.95
Crores in equity shares of Torrent Energy Limited (TEL)
on 19th March, 2009. Consequently TEL became a subsidiary
of the Company. The Company made an additional investment
of Rs. 22.18 Crores during last quarter against call money
of its partly paid up equity shares in its subsidiary
company Torrent Power Grid Limited. |
3. |
The Company operates only in one business
segment viz. Generation, Transmission and Distribution
of Electricity. |
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. |
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. |
6. |
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. |
| |
|
For, TORRENT POWER LIMITED |
| |
|
|
| |
Place : Ahmedabad |
Sudhir Mehta |
| |
Date : 16th May, 2009 |
Chairman |
|
copyright-2005
:: Disclaimer
:: Privacy Policy
