Tata Power shares jumped 2% in early trade after healthy Q4FY25 results

On Thursday, the Tata Power shares jumped 2 percent in early trade on NSE touching its day high price of Rs. 404 per share. The company delivered a healthy financial performance in Q4FY25 and for the full fiscal year 2025, reflecting strong growth across its core businesses. For the quarter ended March 31, 2025, Tata Power reported consolidated revenue of Rs. 17,096 crore, marking an 8 percent increase compared to Rs. 15,847 crore in Q4FY24. The net profit surged 25 percent year-on-year to Rs. 1,306 crore, up from Rs. 1,046 crore in the same quarter last year.

At the operating level, Tata Power’s EBITDA (including other income) rose by 14 percent year-on-year to Rs. 3,829 crore in Q4FY25, up from Rs. 3,358 crore in the previous year’s quarter. The company attributed this improvement to improved efficiencies across its transmission & distribution (T&D), generation, and renewables segments.

For the full fiscal year 2025, Tata Power achieved a consolidated operating revenue of Rs. 64,502 crore, up 5 percent from the previous year. The company’s profit after tax (PAT) reached an all-time high of Rs. 4,775 crore, a substantial 11.5 percent increase year-on-year. This strong annual performance was driven by broad-based growth across renewables, T&D, and others. FY25’s EBITDA climbed 14 percent to Rs. 14,468 crore, reflecting improved operational efficiency. The company’s manufacturing facility which is TP Solar in Tirunelveli, Tamil Nadu, produced 3,291 MW of solar modules and 846 MW of cells during the year, supporting its renewable capacity expansion. The Solar Rooftop order book as of March 31st 2025 stands at Rs. 1,036 crore and holds 13.1 percent market share.

The company’s board proposed a final dividend of Rs. 2.25 per share for FY25, up 12 percent year on year from Rs. 2 per share in the previous year, subject to shareholder approval at the upcoming Annual General Meeting scheduled for July 4, 2025. The record date is fixed on 20th June 2025 to be eligible for the dividend.

Praveer Sinha, CEO and Managing Director of 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 the 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. Our Distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3x in Q4FY25 and 43 % in FY25.”

Further, he said Capex plans for FY26 are Rs. 25,000 crore comprising 50 percent from renewables, 30 percent from Transmission and Distribution (T&D) and 20 percent from generation including pumped hydro. Tata Power plans to add 2.5 to 2.7 GW of capacity in FY26, which is an increase from 2.3 GW added capacity in FY25. The CEO said that they are awaiting amendments on the Nuclear Power Act focused on civil liability and private sector participation which is expected in the upcoming monsoon session as per various sources.