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Business Standard
15-05-2025
- Business
- Business Standard
Tata Power share price rises 2% on healthy Q4 results; profit jumps 25% YoY
Tata Power share price: Tata Power shares were buzzing in trade on Thursday, May 15, 2025, as the scrip rose as much as 1.90 per cent to hit an intraday high of ₹404.55 per share. However, at 9:27 AM, Tata Power shares were trading 0.08 per cent lower at ₹396.70. In comparison, BSE Sensex was trading 0.28 per cent lower at 81,100.55 level. Catch Stock Market Latest Updates Today LIVE What led to the up move in Tata Power share price? Tata Power share price rose after the company posted stellar results in the March quarter of financial year 2025 (Q4FY25). The company's revenue, also known as topline, rose 7 per cent year-on-year to ₹17,238 crore, from ₹16,256 crore in the same quarter a year ago. Notably, the company achieved its highest ever revenue in FY25 at ₹64,502 crore, up 5 per cent YoY). At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) climbed 14 per cent Y-o-Y to ₹3,829 crore, from ₹3,358 crore a year ago. "FY25 has been a remarkable year for Tata Power, with the company achieving a record-breaking PAT exceeding ₹5000 crore, driven by exceptional contributions across all our business segments. Q4FY25 marks the 22nd consecutive quarter of PAT growth, highlighted by several significant milestones,' said Praveer Sinha, CEO and managing director, Tata Power. 'For the first time, we surpassed 1 GW in renewable capacity additions within a single year and are now targeting 2 GW in FY26. Our rooftop solar business has performed impressively, reaching over 1.5 lakh installations, with a total installed capacity of 3 GW. Additionally, our 4.3 GW cell and 4.3 GW module manufacturing facility in Tirunelveli, Tamil Nadu produced 3,291 MW of modules and 846 MW of cells during the year. Our Distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3x in Q4FY25 and 43 per cent in FY25. Building on this strong growth trajectory, we are poised to shape the contours of a new energy era— advancing India's energy,' Sinha added. ALSO READ | About Tata Power Tata Power Company Limited, a flagship enterprise of the Tata Group—India's largest multinational conglomerate—is a leading integrated power company with a diverse portfolio of 15.7 GW. Spanning the entire power value chain, Tata Power is actively engaged in energy generation (both renewable and conventional), transmission, distribution, trading, energy storage, and solar cell and module manufacturing. As a trailblazer in India's clean energy transition, the company has established 6.9 GW of renewable energy capacity, representing 44 per cent of its total power portfolio.
Business Standard
14-05-2025
- Business
- Business Standard
Tata Power Q4 results: Profit up 25% to ₹1,306 cr; revenue rises 7%
Riding on the growth of its solar business, Tata Power, an integrated private power company, on Wednesday reported a 25 per cent jump in net profit to ₹1,306 crore during the fourth quarter of the financial year 2024-25 (Q4FY25). The company also registered a 7 per cent spike in its revenue which came in at ₹17,328 crore during the same period. 'Higher power sales from all generating plants, ramp up of all module and cell lines in Tirunelveli, significant strides in solar rooftop business pan-India (achieving 1.5 lakh installation milestone) contributed significantly to the overall growth,' said a statement by Tata Power. Tata Power has business interests across coal fired power plants, solar power generation, solar manufacturing, power transmission and distribution. In its statement, the company said, it has posted its highest ever annual revenue of ₹64,502 crore for FY25. Its profit after tax for the full year rose by 26 per cent to ₹5,197 crore, crossing the milestone of ₹5,000 crore mark for the first time, it said. 'For the first time, we surpassed 1 GW in renewable capacity additions within a single year and are now targeting 2 GW in FY26. Our rooftop solar business has performed impressively, reaching over 150,000 installations, with a total installed capacity of 3 GW. Additionally, our 4.3 GW cell and 4.3 GW module manufacturing facility in Tirunelveli, Tamil Nadu produced 3,291 MW of modules and 846 MW of cells during the year. Our distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3 times in Q4FY25 and 43 per cent in FY25,' said Praveer Sinha, CEO and Managing Director, Tata Power. Sinha said that to meet the expected peak demand of 277 GW, all their renewable and thermal generation plants would continue to operate at optimal capacity to ensure the most cost-effective and reliable power supply. For its imported coal run power plant in Mundra, the Centre has again extended the Section 11 mandate which requires them to run the plant at an optimal rate. During FY25, Tata Power successfully supplied over 64.7 billion units of electricity to the grid through its diverse portfolio of conventional and renewable generation assets, playing a key role in meeting the country's rising energy demand, the company said in its statement.
The Hindu
14-05-2025
- Business
- The Hindu
Tata Power Q4 net profit surges 25% to ₹1,306 crore, board okays dividend of ₹2.25
Tata Power Company Ltd for the fourth quarter ended March 31, 2025 reported 25% growth in consolidated net profit at Rs.1,306 crore as compared with Rs 1,046 crore a year ago thus continuing growth momentum for the 22nd consecutive quarter. Consolidated revenue for the quarter at Rs 17,238 crore grew 7% Year on Year (YoY). For FY25 the company's consolidated net profit rose 12% YoY to Rs 4775 crore. Consolidated annual revenue grew 5% YoY to Rs 64,502 crore. The board has recommended a dividend of Rs 2.25 per share compared with Rs 2 in the previous year. The Transmission & Distribution (T&D) business net profit grew 50% to ₹616 crore in Q4FY25 and this business achieved full year PAT growth of 37% over the previous year, the company said. 'Odisha Discoms PAT grew by 207% to ₹275 crore in Q4FY25 and it achieved full year PAT of ₹439 crore, a growth of 43% over previous year,' the company said. The net profit of Renewables business grew 62% to ₹ 469 crore in Q4FY25 & by 48% to ₹1,256 crore for FY25. The Rooftop Solar segment achieved ₹100 crore PAT milestone during Q4FY25 and ₹209 crore in FY25. TP Solar reported net profit of ₹422 crore PAT in FY25 and achieved revenue of ₹5,337crore with production of 3,291 MW of modules and 846 MW of cells in FY25. In Q4FY25, the Distribution segment recorded an impressive 73% YoY growth in PAT, driven primarily by Odisha Discoms' strong performance. Odisha Discoms' PAT surged 3 times to ₹ 275 crore, supported by improved billing and collection efficiencies, along with lower Expected Credit Loss (ECL) provision. Praveer Sinha, CEO and Managing Director, Tata Power, said, 'FY25 has been a remarkable year for Tata Power, with the company achieving a record-breaking PAT exceeding ₹5000 crore, driven by exceptional contributions across all our business segments.' 'Q4FY25 marks 22nd consecutive quarter of PAT growth, highlighted by several significant milestones. For the first time, we surpassed 1 GW in renewable capacity additions within a single year and are now targeting 2 GW in FY26. 'Our rooftop solar business has performed impressively, reaching over 1.5 lakh installations, with a total installed capacity of 3 GW. Additionally, our 4.3 GW cell and 4.3 GW module manufacturing facility in Tirunelveli, Tamil Nadu produced 3,291 MW of modules and 846 MW of cells during the year,: he said. 'Our Distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3 times in Q4FY25 and 43 % in FY25,' he added. In FY25, Tata Power said it commissioned over 2.5 GW of renewable capacity—comprising 1 GW of in-house utility-scale projects, 600 MW of rooftop solar (782 MWp), and 900 MW for third-party customers— showcasing its expertise to execute at speed and scale. Today the company has nearly 3 GW capacity under development across states like Karnataka and Maharashtra. It has secured over 6,800 MW of grid connectivity, and has acquired more than 30,000 acres of land for setting up the ongoing 5.4 MW of projects in pipeline, the company said.
Associated Press
05-03-2025
- Business
- Associated Press
Schneider Electric Secures Major Order from Tata Power for SF6-Free Green Switchgear
Tata Power and Schneider Electric will launch these RMUs in the Mumbai and Delhi areas, offering a new generation of medium-voltage/low-voltage (MV/LV) substation equipment as an alternative to traditional SF6 (sulphur hexafluoride) gas. Although SF6 is a highly effective insulating gas in electrical equipment, it has a very high Global Warming Potential (GWP) and is targeted by the Kyoto Protocol for its environmental impact. The project is expected to reduce Tata Power's carbon footprint by up to 75% compared to conventional SF6 RMUs. Additionally, Tata Power will benefit from up to 50% in cost savings over the lifespan of these new RMUs. Deepak Sharma, Zone President – Greater India & MD & CEO of Schneider Electric, commented, 'Partnering with Tata Power on this transformative project marks a major milestone for us. The RM AirSeT units enhance both the reliability and safety of power distribution, while also underscoring our commitment to sustainability and innovation. This project is a crucial step towards supporting India's net-zero targets for 2070 and highlights our ongoing dedication to delivering eco-friendly solutions that meet our customers' evolving needs.' Sanjay Banga, President of Transmission and Distribution at Tata Power, emphasized the company's commitment to sustainability, stating, 'At Tata Power, we are focused on building a robust, sustainable energy ecosystem. Our partnership with Schneider Electric, with the introduction of SF6-Free RMUs in Mumbai and Delhi, and eventually in Odisha Discoms, is a perfect reflection of our vision. This initiative will significantly cut carbon emissions and improve the efficiency and reliability of power distribution.' Dr. Nilesh Kane, Chief Distribution (Mumbai) at Tata Power, added, 'We are proud to lead the way in adopting SF6-free technology in Mumbai. The RM AirSeT units will play a key role in our efforts to minimize environmental impact while ensuring efficient, reliable power distribution. This partnership with Schneider Electric reflects our shared commitment to a greener future.' The RM AirSeT units replace traditional SF6 gas with pressurized air, making them more environmentally friendly while maintaining high performance and durability. These robust systems are designed for increased endurance, extending the lifespan of the equipment. This collaboration between Schneider Electric and Tata Power sets a new standard for sustainable power distribution in India, leading the charge towards a cleaner and more efficient energy future. Schneider Electric is a global leader in energy management and automation, committed to driving digital transformation for a more efficient and sustainable future. With a strong presence in over 100 countries, the company provides integrated solutions for homes, buildings, data centers, industries, and infrastructure. Schneider Electric focuses on innovation in electrical distribution, industrial automation, and smart grid technology, helping businesses optimize energy consumption and reduce carbon footprints. Through its EcoStruxure platform, the company leverages IoT, AI, and advanced analytics to enhance operational efficiency and sustainability. Dedicated to accelerating the transition to clean energy, Schneider Electric continues to pioneer cutting-edge solutions that empower organizations to achieve greater energy resilience and sustainability.
