Particulars |
For the Quarter Ended on 31.12.2007 |
For the quarter ended on 31.12.2006 |
For Nine Months ended on 31.12.2007 |
For Six Months ended on 31.03.2007 Audited |
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Income |
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Net Sales/Income from Operations |
862.60 |
633.33 |
2671.36 |
1376.22 |
Other Income |
27.06 |
30.07 |
76.05 |
56.64 |
Total Income |
889.66 |
663.40 |
2747.41 |
1432.86 |
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Expenditure |
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(a) Power Purchase |
432.42 |
314.84 |
1447.65 |
718.77 |
(b) Fuel Cost |
180.42 |
139.09 |
544.47 |
310.21 |
(c) Staff Cost |
43.68 |
32.31 |
105.62 |
58.80 |
(d) Depreciation |
38.19 |
52.93 |
109.85 |
65.22 |
(e) Other Expenditure |
84.39 |
63.40 |
222.80 |
130.74 |
Total Expenditure |
779.10 |
602.57 |
2430.39 |
1283.74 |
Interest |
12.77 |
8.86 |
46.71 |
19.43 |
Profit Before Tax |
97.79 |
51.97 |
270.31 |
129.69 |
Provision for Taxation |
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- Current Tax |
11.60 |
10.80 |
49.51 |
16.77 |
- Deferred Tax Liability / (-) Assets |
26.33 |
13.44 |
58.99 |
40.60 |
- Fringe Benefit Tax |
0.57 |
0.29 |
1.03 |
0.54 |
Profit After Tax |
59.29 |
27.44 |
160.78 |
71.78 |
Short / (-) Excess Provisions for Taxation of earlier years |
0 |
0 |
0 |
0.02 |
Net Profit |
59.29 |
27.44 |
160.78 |
71.76 |
Equity Share Capital (F.V. Rs.10/- per share) |
472.45 |
472.45 |
472.45 |
472.45 |
Reserves excluding Revaluation Reserve |
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2232.93 |
Basic & Diluted EPS for the period on profit after Tax (in Rs.) (Non-annualised) |
1.25 |
0.58 |
3.40 |
1.52 |
Aggregate of Public Shareholding |
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Number of Shares (in Lacs) |
2234.82 |
2141.82 |
2234.82 |
2141.82 |
Percentage of Shareholding |
47.30% |
45.33% |
47.30% |
45.33% |
| Notes: |
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| 1 |
The figures for the corresponding periods have been regrouped, wherever necessary, to render them comparable with the figures for the current periods. |
| 2 |
The Company operates only in one business segment viz. Generation, Transmission and Distribution of Electricity. |
| 3 |
The comparative figures for the Nine Months in the previous year are not provided in the above statement as the Company did not have any operations during first quarter of the said period. |
| 4 |
The company took over business operations of Bhiwandi Distribution Franchisee (Bhiwandi) effective from 26th January, 2007 and the financials of Bhiwandi for the period from the effective date have been included in the above financial results for the related periods. |
| 5 |
Since the subsidiary Companies Torrent Power Grid Limited and Torrent Pipavav Generation Limited have not started operations, consolidated data as regards turnover, net profit after tax and earnings per share are not provided. |
| 6 |
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 29th January, 2008. The statutory auditors of the Company have carried out a Limited Review for the quarter/nine months ended on 31st December, 2007. |
| 7 |
Details of the investors complaints for the quarter ended on 31st December, 2007 : Unresolved at the beginning of the quarter - 2, Received During the quarter – 69, Disposed off during the quarter – 69, Unresolved at the end of the quarter – 2. |
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| For TORRENT POWER LIMITED |
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| Place: Ahmedabad Sudhir Mehta |
| Date: 29th January, 2008 Chairman |
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