Tata Power Q3 Results: Net profit rises 10.3% YoY to ₹1,187 crore, revenue up 5% YoY | Stock Market News

Tata Power, one of India’s largest integrated power companies, released its December quarter performance today, February 4, reporting a 10.35% jump in consolidated net profit to ₹1,187.54 crore, compared to a net profit of ₹1,076.12 crore posted in the same period last year.

Sequentially, net profit improved by 8.6%, as the company reported a net profit of ₹1,093 crore in the preceding quarter. Revenue from operations during the reporting quarter stood at ₹15,391 crore, compared to ₹14,651 crore, reflecting a 5% YoY improvement.

Consolidated EBITDA during the quarter rose 7% to ₹3,481 crore, driven by solid contributions and operational efficiency across businesses. For the 9MFY25 period, the company reported revenue and PAT of ₹47,174 crore and ₹3,909 crore, respectively. The 9-month period also saw EBITDA reach an all-time high of ₹10,639 crore, as per the company’s earnings filing.

As of December 31, 2024, the company’s operational capacity stands at 6.7 GW in the clean & green segment, generating over 11,700 MUs of green power. Another 10 GW of projects are under execution and are expected to take its total clean energy capacity to 16.7 GW.

Commenting on the Q3FY25 results, Dr. Praveer Sinha, CEO and Managing Director of Tata Power, said, “We have delivered a sustained PAT growth trajectory over the last 21 quarters, with all our businesses contributing to this growth. We have emerged as a clean energy leader with a presence across the full value chain of manufacturing, EPC, and the development of renewable projects, along with retail supply through group captives.”

“Our operations in Odisha have become a role model for Discom reforms. We are actively exploring distribution opportunities in other states to support the government’s focus on revamping the sector. Our recent wins in large-scale transmission projects reaffirm our expertise and commitment to the evacuation and supply of power nationwide, placing us at the center of the development of upcoming Green Energy Corridors,” he further added.