Latest news with #TataPowerCompany
Economic Times
15-05-2025
- Business
- Economic Times
Tata Power shares rise 2% after Q4 net profit jumps 25% YoY
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. Tata Power share price rose following a robust Q4FY25 performance, marked by a 25% YoY increase in net profit to Rs 1,306 crore and an 8% rise in revenue to Rs 17,096 crore. The company proposed a final dividend of Rs 2.25 per share and plans a substantial Rs 25,000 crore capex for FY26, with interest in Uttar Pradesh discoms. Tired of too many ads? Remove Ads Dividend Details Capex Plans Tired of too many ads? Remove Ads Shares of Tata Power Company rose 2% to hit the day's high of Rs 404.55 on the BSE on Thursday after the company reported a 25% year-on-year (YoY) increase in consolidated net profit, reaching Rs 1,306 crore in Q4FY25, compared to Rs 1,046 crore in the same quarter last 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 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, 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 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 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.
Business Standard
15-05-2025
- Business
- Business Standard
Tata Power Company consolidated net profit rises 16.49% in the March 2025 quarter
Sales rise 7.88% to Rs 17095.88 crore Net profit of Tata Power Company rose 16.49% to Rs 1042.83 crore in the quarter ended March 2025 as against Rs 895.21 crore during the previous quarter ended March 2024. Sales rose 7.88% to Rs 17095.88 crore in the quarter ended March 2025 as against Rs 15846.58 crore during the previous quarter ended March 2024. For the full year,net profit rose 7.43% to Rs 3971.00 crore in the year ended March 2025 as against Rs 3696.25 crore during the previous year ended March 2024. Sales rose 6.56% to Rs 65478.24 crore in the year ended March 2025 as against Rs 61448.90 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 17095.8815846.58 8 65478.2461448.90 7 OPM % 17.9514.56 - 19.7817.55 - PBDT 2698.022539.12 6 10558.539245.03 14 PBT 1581.741498.35 6 6441.675458.66 18 NP 1042.83895.21 16 3971.003696.25 7
Time of India
15-05-2025
- Business
- Time of India
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 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 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, company has set Friday, June 20, 2025, as the record date for determining eligible 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 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 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.
Business Standard
14-05-2025
- Business
- Business Standard
Tata Power Q4 PAT climbs 16% YoY to Rs 1,043 cr
Tata Power Company's consolidated net profit jumped 16.49% to Rs 1,042.83 crore on a 7.88% increase in revenue from operations to Rs 17,095.88 crore in Q4 FY25 over Q4 FY24. Profit before tax (PBT) increased 4.08% YoY to Rs 1,599.69 crore in Q4 FY25. The company said that 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. EBITDA jumped 14% to Rs 3,829 crore in Q4 FY25, compared with Rs 3,358 crore in Q4 FY24. On segmental front, renewable business PAT jumped 62% YoY in Q4 FY25 to Rs 469 crore and T&D business PAT grows 50% YoY to Rs 616 crore in Q4FY25. The rooftop solar segment achieves Rs 100 crore PAT milestone during Q4FY25. In Q4 FY25, the distribution segment recorded an impressive 73% YoY growth in PAT, driven primarily by Odisha DISCOMs' strong performance. Odisha DISCOMs' PAT surged 3x to Rs 275 crore, supported by improved billing and collection efficiencies, along with lower ECL provisions. On full year basis, the companys consolidated net profit increased 7.43% to Rs 3,971 crore on 6.56% jump in revenue from operations to Rs 65,478.24 crore in FY25 over FY24. In FY25, The company commissioned over 2.5 GW of renewable capacitycomprising 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. 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 stated that to meet the FY26 all-India expected peak demand of 277 GW, all its renewable and thermal generation plants continue to operate at optimal capacity to ensure the most cost-effective and reliable power supply. The 1,000 MW Bhivpuri Pumped Hydro Project has secured key approvals, including from the Central Electricity Authority (CEA), and is set to begin construction in H1 FY26 with commissioning targeted by Aug 2028. Work on the 1,800 MW Shirawata project is expected to start in later part of the year and will get commissioned in 2030. With the starting of work at the 600 MW Khorlochhu Hydro project in Bhutan (part of a broader 5 GW clean energy MoU with Bhutan), the Company is advancing the regional energy security, the company stated in regulatory filing. 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 Rs 5,000 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. Our Distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3x in Q4FY25 and 43 % in FY25. Building on this strong growth trajectory, we are poised to shape the contours of a new energy era advancing Indias energy self-reliance and powering its transformative journey to become the worlds third-largest economy." Meanwhile, the companys board recommended a final dividend of Rs 2.25 per equity share of Rs 1 each to the members for the financial year ended March 31, 2025, subject to the approval of the members at the forthcoming 106th annual general meeting (AGM). The AGM will be held on Friday, July 4, 2025. If the dividend is approved by the members at AGM, it will be paid on and from Monday, 7 July 2025. The company has fixed record date as Friday, 20 June 2025. Tata Power Company, a leading integrated power company and a part of the Tata Group. It owns a diversified portfolio of 15.7 GW. This portfolio spans the entire power value chain, from renewable and conventional energy generation to transmission, distribution, trading, storage solutions, and solar cell and module manufacturing. The counter added 2.02% to end at Rs 397 on the BSE.
Mint
14-05-2025
- Business
- Mint
Tata Power Q4 Results: Cons PAT rises 16.5% to ₹1,042 crore, revenue up 8%
Tata Power Q4 Results: Tata Power Company on Wednesday reported an 8% growth in its March quarter consolidated net profit at ₹ 1,042.83 crore versus ₹ 895.21 crore reported in the year ago period. The Q4FY25 revenue from operations stood at ₹ 17,095.88 crore, up nearly 8% over ₹ 15,846.58 crore reported in the corresponding quarter of the last financial year. The profit is attributable to shareholders of the company. On a sequential basis, the profit after tax (PAT) was up 1.2% versus ₹ 1,030.70 crore reported in Q3FY25. The topline jumped 11.1% on a quarter-on-quarter basis versus 15,391.06 crore reported in the October-December quarter. As per the company's exchange filing, EBITDA increased by 14% to ₹ 3,829 crore, compared to ₹ 3,358 crore the previous year same period. 'EBITDA for Q4FY25 rose 14% to ₹ 3,829 crore on the back of strong performance across the core businesses comprising generation, T&D, and renewables,' said the company. Dr. Praveer Sinha, the CEO and Managing Director of Tata Power, stated that FY25 has been an extraordinary year for Tata Power, as the company has reached a historic PAT surpassing ₹ 5000 crore, fueled by outstanding contributions from all its 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. Our Distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3x in Q4FY25 and 43% in FY25", said Sinha. The company announced that its board has proposed a final dividend of ₹ 2.25 per share for the fiscal year 2025. The company has fixed the record date as Friday, June 20, 2025. "The dividend proposed by the Board awaits approval from the Members at the upcoming 106th Annual General Meeting ('AGM') of the Company, which is set to take place on Friday, July 4, 2025," stated Tata Power in a filing to the stock exchange. On Wednesday, Tata Power share price closed 2.02% higher at ₹ 397 apiece on the BSE.
