Particulars |
For the Quarter Ended on 31.12.2008 |
For the Quarter Ended on 31.12.2007 |
For Nine Months Ended on 31.12.2008 |
For Nine Months Ended on 31.12.2007 |
For the Year Ended on 31.03.2008 |
|
Un-audited |
Un-audited |
Un-audited |
Un-audited |
Audited |
Income |
|
|
|
|
|
Sales/Income from Operations |
1054.16 |
870.52 |
3297.05 |
2697.57 |
3618.32 |
Other Operating Income |
22.25 |
26.12 |
69.68 |
72.09 |
97.93 |
Total Income |
1076.41 |
896.64 |
3366.73 |
2769.66 |
3716.25 |
|
|
|
|
|
|
Expenditure |
|
|
|
|
|
(a) Power Purchase |
536.51 |
432.42 |
1700.11 |
1447.65 |
1932.47 |
(b) Fuel Cost |
226.77 |
180.42 |
733.53 |
544.47 |
741.48 |
(c) Staff Cost |
41.81 |
43.68 |
124.33 |
105.62 |
140.28 |
(d) Depreciation |
46.82 |
38.19 |
134.60 |
109.85 |
147.94 |
(e) Other Expenditure |
75.98 |
92.31 |
219.13 |
249.01 |
323.48 |
Total Expenditure |
927.89 |
787.02 |
2911.70 |
2456.60 |
3285.65 |
|
|
|
|
|
|
Profit from Operations before Other Income, Interest & Exceptional Items |
148.52 |
109.62 |
455.03 |
313.06 |
430.60 |
Other Income |
16.75 |
0.94 |
25.38 |
3.96 |
5.75 |
Profit before Interest & Exceptional Items |
165.27 |
110.56 |
480.41 |
317.02 |
436.35 |
Interest |
40.74 |
12.77 |
102.60 |
46.71 |
59.78 |
Profit after Interest but before Exceptional Items |
124.53 |
97.79 |
377.81 |
270.31 |
376.57 |
Exceptional Items |
- |
- |
- |
- |
- |
Profit from Ordinary Activities Before Tax |
124.53 |
97.79 |
377.81 |
270.31 |
376.57 |
Provision for Taxation |
|
|
|
|
|
- Current Tax |
22.36 |
11.60 |
51.05 |
49.51 |
79.77 |
- Deferred Tax Liability / (-) Assets |
0.70 |
26.33 |
63.55 |
58.99 |
61.22 |
- Fringe Benefit Tax |
0.25 |
0.57 |
0.64 |
1.03 |
1.06 |
Net Profit from Ordinary Activities After Tax |
101.22 |
59.29 |
262.57 |
160.78 |
234.52 |
Extraordinary Items |
- |
- |
- |
- |
- |
Short / (-) Excess Provisions for Taxation of earlier years |
(0.68) |
- |
(0.68) |
- |
23.28 |
Net Profit for the period |
101.90 |
59.29 |
263.25 |
160.78 |
211.24 |
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 |
|
|
|
|
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) |
2.16 |
1.25 |
5.57 |
3.40 |
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) |
2.16 |
1.25 |
5.57 |
3.40 |
4.47 |
Aggregate of Public Shareholding |
|
|
|
|
|
Number of
Shares (in Lacs) |
2231.12 |
2234.82 |
2231.12 |
2234.82 |
2234.82 |
Percentage of
Shareholding |
47.22% |
47.30% |
47.22% |
47.30% |
47.30% |
| Notes: |
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|
| 1 |
The figures for the corresponding periods have been regrouped, wherever necessary, to make them comparable. |
| 2 |
The Company operates only in one business segment viz. Generation, Transmission and Distribution of Electricity. |
| 3 |
Since the subsidiary Companies Torrent Power Grid Limited, Torrent Pipavav Generation Limited and Torrent Power Bhiwandi Limited (erstwhile Torrent Power Distribution Services Limited) have not started operations, consolidated data as regards turnover, net profit after tax and earnings per share are not provided. |
| 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 24th January 2009. The statutory auditors of the Company have carried out a Limited Review for the quarter ended on 31st December, 2008. |
| 5 |
Details of the investors complaints for the quarter ended on 31st December, 2008: Unresolved at the beginning of the quarter - 1, Received During the quarter – 30, Disposed off during the quarter – 31, Unresolved at the end of the quarter – NIL. |
| |
| For TORRENT POWER LIMITED |
| |
| Place: SUGEN, Surat Sudhir Mehta |
| Date: 24th January, 2009 Chairman |
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