Tata Power achieves 10pc growth in net profit, reports strong Q3 results

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Tata Power

Mumbai, Feb 4

Tata Power posted a 10% year-on-year increase in net profit for Q3 FY25, reaching ₹1,188 crore, up from ₹1,076 crore in the same period last year.

The 3% rise in consolidated revenue to ₹15,793 crore was driven by strong performance across power generation, transmission, distribution, and renewables, the company stated. EBITDA grew 7% to ₹3,481 crore, compared to ₹3,250 crore in Q3 FY24.

Renewables & Expansion Efforts

Tata Power’s renewable energy segment recorded a 59% jump in net profit to ₹214 crore in Q3 and ₹787 crore over nine months. With 6.7 GW installed capacity and a 10 GW pipeline, the company’s total clean energy portfolio will exceed 16.7 GW.

The company is expanding its #GharGharSolar initiative to Tamil Nadu, following successful rollouts in Rajasthan, Uttar Pradesh, Kerala, and Chhattisgarh.

Transmission & Distribution Growth

With ₹3,000+ crore capex investments in the first nine months of FY25, the Transmission & Distribution (T&D) segment saw a 7% rise in Q3 net profit to ₹370 crore and 32% growth to ₹1,384 crore over the nine-month period.

CEO’s Statement

Praveer Sinha, CEO & MD, highlighted Tata Power’s 21 consecutive quarters of profit growth, reinforcing its leadership in clean energy and integrated power solutions.

“As an integrated power company, we offer end-to-end energy solutions across generation, transmission, and distribution, ensuring affordable power for all,” Sinha said.

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Mahalakshmi, founder of Global News Express, writes in-depth news and analysis on stock markets and investments.