Tata Power posted a net profit of Rs 10.43 billion in Q4FY25, up 16.5 per cent from Rs 8.95 billion in Q4FY24, beating analyst estimates of Rs 10.22 billion. Revenues rose 7.9 per cent to Rs 170.96 billion, in line with expectations.

EBITDA increased 39.2 per cent to Rs 32.46 billion, driven by higher power sales, growth in solar rooftop projects, and a 73 per cent year-on-year rise in profit after tax in the distribution segment, mainly due to Odisha Discoms’ improved performance.

For FY25, Tata Power achieved its highest ever annual revenue of Rs 645.02 billion. The company plans a capex of Rs 250 billion in FY26, allocating 50 per cent to renewables, 20 per cent to generation including pumped hydro and hydro plants, and 30 per cent to transmission and distribution.

Regarding nuclear energy, Tata Power is awaiting legal clarity on civil liability laws and private sector participation expected during the upcoming monsoon session.

In FY25, Tata Power commissioned over 2.5 gigawatts of renewable capacity and aims to add two gigawatts in FY26. Nearly three gigawatts of capacity is under development in Karnataka and Maharashtra.

Source:Financial Express