Particulars |
For the Quarter ended on
|
For the Half Year ended on |
For the Year ended on |
30.09.2009 |
30.09.2008 |
30.09.2009 |
30.09.2008 |
31.03.2009 |
Un-audited |
Un-audited |
Un-audited |
Un-audited |
Audited |
Income |
|
|
|
|
|
Net Sales/Income from Operations |
1429.30 |
1129.54 |
2652.17 |
2242.89 |
4316.07 |
Other Operating Income |
21.59 |
22.59 |
52.35 |
48.81 |
109.20 |
Total Income |
1450.89 |
1152.13 |
2704.52 |
2291.70 |
4425.27 |
|
|
|
|
|
|
Expenditure |
|
|
|
|
|
(a) Power Purchase |
310.68 |
573.20 |
974.97 |
1163.59 |
2260.44 |
(b) Fuel Cost |
510.06 |
228.15 |
757.78 |
506.76 |
924.96 |
(c) Staff Cost |
47.62 |
39.18 |
92.62 |
82.52 |
161.02 |
(d) Depreciation |
76.79 |
44.87 |
126.77 |
87.78 |
183.14 |
(e) Other Expenditure |
120.45 |
83.39 |
204.12 |
144.53 |
297.58 |
Total Expenditure |
1065.60 |
968.79 |
2156.26 |
1985.18 |
3827.14 |
|
|
|
|
|
|
Profit from Operations before Other Income, Interest & Exceptional Items |
385.29 |
183.34 |
548.26 |
306.52 |
598.13 |
Other Income |
8.97 |
5.54 |
18.94 |
8.63 |
40.44 |
Profit before Interest & Exceptional Items |
394.26 |
188.88 |
567.20 |
315.15 |
638.57 |
Interest |
78.49 |
34.58 |
122.51 |
61.86 |
155.48 |
Profit after Interest but before Exceptional Items |
315.77 |
154.30 |
444.69 |
253.29 |
483.09 |
Exceptional Items |
- |
- |
- |
- |
- |
Profit from Ordinary Activities Before Tax |
315.77 |
154.30 |
444.69 |
253.29 |
483.09 |
Provision for Taxation |
|
|
|
|
|
- Current Tax |
53.67 |
17.48 |
75.58 |
28.70 |
55.00 |
- Deferred Tax Liability / (-) Assets |
52.38 |
29.06 |
65.28 |
62.85 |
23.81 |
- Fringe Benefit Tax |
- |
0.25 |
- |
0.39 |
0.91 |
Short / (-) Excess Provisions for Current Tax of earlier years |
- |
- |
- |
- |
(2.80) |
Net Profit from Ordinary Activities After Tax |
209.72 |
107.51 |
303.83 |
161.35 |
406.17 |
Extraordinary Items |
- |
- |
- |
- |
- |
Share of Minority in Profit / Loss of Subsidiaries |
0.05 |
- |
0.22 |
- |
(0.24) |
Net Profit for the period |
209.67 |
107.51 |
303.61 |
161.35 |
406.41 |
Paid up Equity Share Capital (F.V. Rs.10/- per share) |
472.45 |
472.45 |
472.45 |
472.45 |
472.45 |
Reserves excluding Revaluation Reserves as per Balance Sheet of Previous Accounting Year |
- |
- |
- |
- |
2759.47 |
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) |
4.43 |
2.28 |
6.43 |
3.42 |
8.60 |
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) |
4.43 |
2.28 |
6.43 |
3.42 |
8.60 |
Aggregate of Public Shareholding |
|
|
|
|
|
Number of Shares (in Lacs) |
2231.12 |
2234.94 |
2231.12 |
2234.94 |
2231.12 |
Percentage of Shareholding |
47.22% |
47.31% |
47.22% |
47.31% |
47.22% |
Promoters and Promoter Group Shareholding
- 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)
- 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)
|
248.34
9.96%
5.26%
2245.02
90.04%
47.52% |
|
248.34
9.96%
5.26%
2245.02
90.04%
47.52% |
|
522.87
20.97%
11.07%
1970.49
79.03%
41.71% |
| Notes: |
| 1 |
The commercial operation of 1147.5 MW SUGEN Mega Power Project, the gas-based combined cycle power plant commenced during the quarter. |
| 2 |
The figures for the corresponding periods have been regrouped, wherever necessary, to make them comparable with the figures for the current periods. |
| 3 |
The consolidated financial results include the financial results of two subsidiaries; Torrent Power Grid Limited and Torrent Power Bhiwandi Limited. Since the other two subsidiaries, Torrent Pipavav Generation Limited, Torrent Energy Limited have not started operations, consolidated data as regards turnover, net profit after tax and earnings per share are not included. |
| 4 |
The Company operates only in one business segment viz. Generation, Transmission and Distribution of Electricity. |
| 5 |
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 30th October, 2009. The statutory auditors of the Company have carried out a Limited Review for the quarter ended on 30th September, 2009. |
| 6 |
Details of the investor complaints for the quarter ended on 30th September, 2009: Unresolved at the beginning of the quarter - NIL, Received during the quarter – 107, Disposed off during the quarter – 107, Unresolved at the end of the quarter – NIL. |
| 7 |
The stand alone audited financial results for the quarter ended on 30th September, 2009 are available on the Company’s website at www.torrentpower.com. |
| |
| For TORRENT POWER LIMITED |
| |
| Place: Ahmedabad Samir Mehta |
| Date: 30th October, 2009 Director |
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