Follow India Renewable Energy News on WhatsApp for exclusive updates on clean energy news and insights
Tata Power's Q3 FY25 PAT Grows 10% YoY, Renewable Business Expands
Feb 07, 2025
Tata Power reported a Rs1188 Cr profit after tax (PAT) in Q3 FY 2025, marking a 10% YoY increase. Its renewable business PAT surged 59% YoY to Rs214 Cr. The company's revenue grew by 2% to Rs15118 Cr while EBITDA rose 7% to Rs3481 Cr.
Key Highlights:
- Rooftop solar revenue: Up 15% to Rs509 Cr.
- Manufacturing unit revenue: Exceeded Rs1300 Cr.
- EPS: Stood at Rs3.22 YoY.
For the first nine months (9M) of FY 2025, Tata Power's PAT rose 7% to Rs3469 Cr, with renewable business PAT up 41% YoY to Rs787 Cr. Revenue increased 4% to Rs47174 Cr, and rooftop business revenue jumped 22% YoY.
Operational achievements include:
- Total operational capacity of 25.6 GW, with 16.8 GW from renewables.
- 70% renewable energy target by 2030.
- 4.9 GW solar cell & module manufacturing capacity.
- 126 MW floating solar at Omkareshwar, 431 MW solar at Neemuch commissioned.
- 5 GW renewable energy partnership with Bhutan’s Druk Green Power.
- 1,20,000+ home EV chargers installed.
Tata Power continues expanding in solar, wind, and EV infrastructure, reinforcing its position as a clean energy leader.