Tata Power shares in focus after posting 25% YoY jump in net profit for Q4FY25
Live Events
Tata Power share price
(You can now subscribe to our
(You can now subscribe to our ETMarkets WhatsApp channel
Shares of Tata Power Company will be in focus on Thursday after the company reported a 25% year-on-year increase in its consolidated net profit, reaching Rs 1,306 crore in Q4FY25, compared to Rs 1,046 crore in the same quarter last year.Revenue from operations for the March quarter rose by 8% to Rs 17,096 crore, up from Rs 15,847 crore in the corresponding period of the previous fiscal year.The board has proposed a final dividend of Rs 2.25 per equity share for the financial year ending March 31, 2025. This dividend is subject to shareholder approval at the Annual General Meeting (AGM) scheduled for July 4, 2025.The company has set Friday, June 20, 2025, as the record date for determining eligible shareholders.Tata Power plans to allocate Rs 25,000 crore for capital expenditure (capex) in FY26 and is also interested in bidding for two discoms in Uttar Pradesh, CEO Praveer Sinha revealed while outlining the company's plans for the upcoming fiscal year.Regarding its nuclear project ambitions, Sinha mentioned that Tata Power is awaiting legal changes and will proceed once the necessary regulations are in place. The CEO shared these insights during a post-earnings call on Wednesday.Shares of the company dropped 8% in the last one year. Meanwhile, the stock has offered 78% and 1,185% in the last three and five years, respectively. Tata Power Company has worse 1-year returns than Sensex, Nifty50, Industry, and Sector.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
17 minutes ago
- Time of India
How to save tax on your Bitcoin investments in India, legally!
A way through the harsh tax reality of Bitcoin trading in India: Live Events Bitcoin ETFs: The Smart, Tax-Optimized, Regulated Choice Why do we look at Bitcoin as a risky alternative? Bitcoin ETF: The smarter choice for you! (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Indian investors have enjoyed massive gains in Bitcoin , up by over 123% in the past year and currently trading at near ₹1 crore, yet they're burdened by a harsh tax regime. A 30% flat tax, 1% TDS on each trade, and a blanket disallowance of loss set-off have made direct crypto investing punitive and this, there is always a way through the tedious tax regime: there is a smarter, tax-efficient and legal way to invest in current Indian tax rules, profits from Bitcoin trading are taxed at a flat 30% rate, plus a surcharge and a 4% cess. Every trade is subject to 1% TDS, irrespective of profit or loss. Worse still, losses can't be set off against any income, not even other crypto gains, and cannot be carried forward to future tax is one even supposed to make a profit under this regime? This makes us feel like it's less of a tax law and more like a daylight robbery. This means even a prudent, long-term investor is treated like a high-frequency gambler. No tax efficiency, no loss planning, and no differentiation between long-term holding and speculative legal and strategic alternative? Bitcoin ETFs. These are listed exchange-traded funds that track Bitcoin's price but are treated differently under Indian tax direct investments in Bitcoin, which are classified as Virtual Digital Assets (VDAs), Bitcoin ETFs, structured as units of foreign mutual funds, enjoy a favourable classification. If held for over 24 months, gains are taxed as long-term capital gains at just 12.5%, far more investor-friendly than the 30% on VDAs. If sold earlier, short-term gains are taxed at your regular income huge advantage: no 1% TDS. Bitcoin ETF transactions don't suffer from liquidity erosion like direct crypto trades do. Plus, losses from ETF investments can be set off against other capital gains and can also be carried forward to future years, something completely disallowed in direct Bitcoin investing under the current VDA regime as of now. For HNIs and serious investors, this structure can mean up to 60% in tax savings while keeping investments regulated and some platforms offer INR-settled Bitcoin futures, these instruments often operate in regulatory grey zones. They fall outside India's VDA definition but remain unregulated by SEBI, with no investor protection or the collapse of exchanges like Vauld and the ongoing restructuring of WazirX, both Indian exchanges now in Singapore courts, highlight the dangers of trusting unregulated platforms. WazirX's alleged claim that ₹5,000 crore of investor funds are actually company-owned while shielding itself under Singapore law shows how Indian investors are left with no local these platforms pose full counterparty risk. Unlike NSE/BSE derivatives offerings, which have clearing corporations and capital adequacy rules, crypto futures platforms rely entirely on internal solvency, thereby remaining unchecked, unaudited, and the supposed tax advantage is unreliable. Frequent crypto futures trading can attract business income classification, leading to the applicability of a significant compliance short, Bitcoin futures may offer a loophole, but they come at the cost of investor safety, regulatory compliance, and long-term viability. Bitcoin ETFs are unquestionably the better option for traders to invest in, while Bitcoin still carries remaining Indian investors looking to grow their wealth in a compliant, tax-efficient, and secure manner, Bitcoin ETFs offer the ideal solution. They combine the upside of digital assets with the structure and investor protections of traditional finance. Compared to direct crypto trading, Bitcoin ETFs allow investors to save up to 60% in taxes, avoid the 1% TDS, and claim loss set-off and carry-forward, benefits denied under the current VDA tax are platforms through which, Indian investors can now access US-listed Bitcoin ETFs via regulated brokers and GIFT City-compliant structures. In an environment of tightening regulations and ongoing failures of unregulated platforms, ETFs are not just a safer route; they're the only logical path forward.(The article is written by Srinivas L., CEO of 9Point Capital.): Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Hans India
23 minutes ago
- Hans India
Odisha becoming industrial powerhouse: CM
Bhubaneswar: Odisha is no longer the minerals hub of India, it is becoming a diversified industrial powerhouse, Chief Minister Mohan Charan Majhi said on Sunday. Majhi made the statement while interacting with industrialists at Lok Seva Bhavan, ahead of the first anniversary of his government. 'Odisha is no longer just a minerals and metals hub. We are becoming a diversified industrial powerhouse, where opportunity flows from port to plant and from cities to every aspirational district,' he said. The State is growing across 20 sectors -- from mining, metallurgy and metal downstream to emerging opportunities in chemicals, food processing, apparel and textiles, he said. Majhi spoke about the measures his government has taken to help industries. 'One year ago, the people of Odisha placed their faith in us to build a future that is inclusive, aspirational and transformative. Today, as we reflect on this first year, we do so with pride, in our progress and renewed commitment to the journey ahead,' he said. Maintaining that his government was focused on job creation, he urged the industrialists to join the journey of making the State an industrial powerhouse. 'Over the last year alone, 206 large projects were approved -- nearly double the average of the previous five years. These represent a total investment value of over Rs 4.5 lakh crore and an employment potential of nearly 2.9 lakh jobs,' he said. 'Since the Utkarsh Odish summit, 56 projects have already been taken up for ground-breaking and inauguration, with a combined investment of over Rs 1.78 lakh crore, and employment potential for Odisha industrial development, Mohan Charan Majhi, minerals to diversified industry, job creation, investment in Odisha, governance and reforms 1.1 lakh people. These numbers reflect not only our speed, but scale and substance,' he added. Attacking the previous Naveen Patnaik-led regime, Majhi said in many ways, his government has achieved more in this one year than the past five years combined through quiet, focused and committed action. In the coming year, he said the government will focus on four key priorities. 'First, the government will bring new policies that unlock emerging sectors and offer global competitiveness. Secondly, the government will expand the State's land bank and industrial infrastructure to meet future demand. Third, we will revamp our single window system and develop a modern, integrated project tracking platform. Fourth, we will work to deregulate and simplify burdensome rules and processes,' he said. He asserted that the next four years will lay the foundation for a prosperous Odisha.
&w=3840&q=100)
Business Standard
26 minutes ago
- Business Standard
Railtel shares gain 3% on bagging multiple orders; Check all details here
Railtel Corporation share price gained 2.7 per cent in trade on Monday, June 9, 2025, logging a day's high at ₹456.15 per share on BSE. The buying on the counter came after the company bagged multiple orders. At 10:10 AM, Railtel shares were trading 1.28 per cent higher at ₹449.8 per share on the BSE. In comparison, the BSE Sensex was up 0.38 per cent at 82,503.23. The company's market capitalisation stood at ₹14,435.81 crore. Its 52-week high was at ₹618 per share and 52-week low was at 265.3 per share. In the past one year, Railtel shares have gained 16 per cent as compared to Sensex's rise of around 7 per cent. Railtel order wins The company, on Saturday, informed investors that it has received two orders. One order from State Project Director (Spd) Bihar Education Project Council (Bepc) worth around ₹243 crore. Under the contract, the company will supply, a student kit for the students of class 1 to class 12 at government schools in Bihar. "This is to inform that RailTel Corporation of India Ltd. ("the Company") has received the work order from the State Project Director (Spd) Bihar Education Project Council (Bepc) for Supply amounting to ₹2,43,11,35,577 (Including Tax)," the filing read. Another filing informed that the company has received the work order from Department Of Education Samagra Shiksha amounting to ₹15 crore. Under the contract, the company will supply UPS and printers to 5507 GPS across Himachal Pradesh. "This is to inform that RailTel Corporation of India Ltd. ("the Company") has received the work order from the Department Of Education Samagra Shiksha for Supply amounting to ₹15,96,54,450 (Including Tax)," the filing read. About Railtel Corporation RailTel Corporation of India Ltd. is a public sector enterprise under the Ministry of Railways. It operates a nationwide broadband, telecom, and multimedia network, and provides connectivity and ICT services across India. In addition to its telecom operations, RailTel is involved in the modernization of railway operations and administrative network systems. The company manages a high-capacity pan-India network and supports various digital infrastructure initiatives.
