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Tata Power Company Results: Latest Quarterly Results & Analysis

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Tata Power Company Ltd. 11 Nov 2025 17:47 PM
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Q2FY26 Quarterly Result Announced for Tata Power Company Ltd.

Electric Utilities company Tata Power Company announced Q2FY26 results

  • Revenue momentum continues: Q2FY26 Revenue up 3% to Rs 15,769 crore; H1FY26 up 4% to Rs 33,233 crore, driven by strong performance across core businesses EBITDA surges: Q2FY26 EBITDA increases 6% to Rs 4,032 crore; H1FY26 rises 11 % to Rs 7,961 crore, reflecting operating efficiency and well diversified portfolio.
  • Renewables business outperforms: Segment PAT up 70 % to Rs 511 crore in Q2FY26; EBITDA up 57% to Rs 1,575 crore, Revenue up 89% to Rs 3,613 crore reflecting strength of strategic investment in Solar Manufacturing and Rooftop business delivering stellar gains.
  • Solar Cell and Module manufacturing achieved output of 928 MW of Cells & 970 MW of Modules in Q2FY26. 809 MW of DCR modules dispatched in Q2, highest ever single quarter dispatch.
  • Global acknowledgement: TP Solar earns Bloomberg NEF Tier-1 manufacturer status, enhancing export prospects from its 4.3 GW Tirunelveli facility. Additionally, the plant is also included in ALMM List II.
  • Rooftop solar scales new highs: Order book stands at Rs 1,116 crore. Pan-India network of 644 channel partners and over 2000 retailers.
  • Transmission business overall PAT grew to Rs 120 crore (up 41 % YoY) in Q2FY26.
  • Distribution business overall PAT grew to Rs 557 crore (up 34 % YoY) in Q2FY26. The Company is actively exploring the upcoming opportunities in Power Distribution in Maharashtra, Goa and Uttar Pradesh
  • Strengthening regional energy security: Construction commenced for the 600 MW Khorlochhu Hydro Project in Bhutan in which Tata Power has 40% stake, part of a 5 GW clean energy partnership. The plant has signed loan agreement worth Rs 4,829 crore with PFC.
  • Firming up RTC renewable supply: Work commenced on 1,000 MW Bhivpuri PSP in Maharashtra to enable firm, dispatchable green power supply.

Praveer Sinha, CEO & Managing Director, Tata Power, said: “Tata Power has reported a robust performance in Q2FY26 and H1FY26, reflecting the strength of strategic initiatives and decisions taken by Company towards its integrated and diversified business model. Growth continues across conventional generation, clean energy, and consumer-focused distribution.

Tata Power is very well positioned to expand further with 10 GW of clean capacity under construction including a healthy pipeline of 5 GW Hybrid and FDRE projects. The Company’s backward-integrated solar manufacturing facilities are operating at full capacity, with ALMMlisted modules and cells supporting the “Make in India” clean energy push.

The rooftop solar segment continues to lead the industry with record installations, while our Discoms drive service excellence across a growing customer base of over 13 million. With proposed amendments to the Electricity Act, Tata Power is well positioned to expand its distribution footprint to 40 million consumers by 2030. As India’s power sector evolves, Tata Power remains committed to innovation, sustainability, and energy self-reliance across the value chain”.

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Power - Electric Utilities company Tata Power Company announced Q1FY26 results

Q1FY26 Financial Highlights:

  • Company’s revenue rose to Rs 17,464 crore (up 4 % YoY).
  • EBITDA grew to Rs 3,930 crore (up 17 % YoY) in Q1FY26.
  • Profit After Tax (PAT) of Rs 1,262 crore (up 6 % YoY).

Business Highlights:

  • Achieves EBITDA of Rs 3,930 crore (up 17 % YoY); Revenue at Rs 17,464 crore (up 4 % YoY).
  • Renewables business PAT grows to Rs 531 crore (up 95 % YoY).
  • Commissioned 94 MW RE capacity in Q1FY26; Total operational renewable capacity at 5.6 GW.
  • Maintains No. 1 position in the Rooftop Solar segment: total installations above 2 lakh and cumulative capacity above 3.4 GWp.
  • The Solar Rooftop segment has seen a stellar growth with revenues more than doubling to Rs 823 crore in Q1FY26 (YoY).
  • Record rooftop solar installation of 45,500 in Q1FY26; Achieves Rs 90 crore PAT (up 260% YoY) during Q1FY26. Commissions 270 MWp of solar projects in Q1FY26 up 143% (YoY) compared to 111 MW in the last year.
  • Manufacturing emerges as a major growth contributor - TP Solar reports Rs 100 crore PAT in Q1FY26; Achieves Revenue of Rs 1,613 crore; Manufactured 949 MW of solar module and 904 MW of solar cell in Q1FY26.
  • T&D business PAT (without one-off in previous year) grows to Rs 440 crore, up 26 % YoY in Q1FY26.
  • Odisha Discoms PAT grows to Rs 105 crore (up 156 % YoY) in Q1FY26; The Company has also applied for expansion of distribution license in key growth areas of Maharashtra.
  • Commences cross-border power sale through Power Exchange for 18 MW Suchhu Hydro Electric Project in Bhutan.

Praveer Sinha, CEO and Managing Director, Tata Power, said: “We have commenced FY26 on a high note, with strong performance across all our business verticals. Our renewable energy portfolio continues to exceed expectations, as we drive innovation, scale, and efficiency across the clean energy value chain.

Our Generation and T&D businesses are delivering impressive gains. Our Discoms are providing reliable electricity to ~13 million customers. Through its all-round performance, our Odisha Discoms have emerged as the national model of Discom reforms. In-line with our target to reach 40 million customers by 2030, we have applied for license to expand our distribution footprints in key growth areas of Maharashtra.

We are proud to contribute towards India’s energy transition with a generation portfolio exceeding 26 GW (including projects under development), over 65% of which comes from clean, green sources.”

Result PDF

Power & Electric Utilities company Tata Power Company announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Q4FY25 PAT grows 25% (YoY) to Rs 1,306 crore
  • Revenue from Operations: Rs 17,238 crore in Q4FY25 vs. Rs 16,256 crore in Q4FY24 — up 7%
  • EBITDA: Rs 3,829 crore in Q4FY25 vs. Rs 3,358 crore in Q4FY24 — up 14%

FY25 Financial Highlights:

  • Achieves FY25 PAT* of Rs 5,197 crore & EBITDA of Rs 14,468 crore
  • Achieves highest ever Revenue at Rs 64,502 crore (up 5% YoY) and underlying EBITDA of Rs 15,261 crore (up 10% YoY) in FY25

Dr. Praveer Sinha, CEO and Managing Director, Tata Power, said "FY25 has been a remarkable year for Tata Power, with the company achieving a record-breaking PAT exceeding Rs5000 crore, driven by exceptional contributions across all our business segments.

Q4FY25 marks 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. Additionally, our 4.3 GW cell and 4.3 GW module manufacturing facility in Tirunelveli, Tamil Nadu produced 3,291 MW of modules and 846 MW of cells during the year. Our Distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3x in Q4FY25 and 43 % in FY25.

Building on this strong growth trajectory, we are poised to shape the contours of a new energy era— advancing India’s energy self-reliance and powering its transformative journey to become the world’s third-largest economy."

In FY25, Tata Power commissioned over 2.5 GW of renewable capacity—comprising 1 GW of in-house utility-scale projects, 600 MW of rooftop solar (~782 MWp), and 900 MW for third-party customers— showcasing its expertise to execute at speed and scale. The Company has nearly 3 GW capacity under development across states like Karnataka and Maharashtra. It has secured over 6,800 MW of grid connectivity, and has acquired more than 30,000 acres of land for setting up the ongoing 5.4 MW of projects in pipeline.

To meet the FY26 all-India expected peak demand of 277 GW, all our renewable and thermal generation plants continue to operate at optimal capacity to ensure the most cost-effective and reliable power supply.

The government has extended Section 11 until June 2025, supporting the continued operation of our Mundra Plant, one of the most efficient power plants in the country. This plant is crucial to meet the growing power demand.

The 1,000 MW Bhivpuri Pumped Hydro Project has secured key approvals, including from the Central Electricity Authority (CEA), and is set to begin construction in H1 FY26 with commissioning targeted by Aug 2028. Work on the 1,800 MW Shirawata project is expected to start in later part of the year and will get commissioned in 2030. With the starting of work at the 600 MW Khorlochhu Hydro project in Bhutan (part of a broader 5 GW clean energy MoU with Bhutan), the Company is advancing the regional energy security.

In FY25, Tata Power successfully supplied over 64.7 billion units of electricity to the grid through its diverse portfolio of conventional and renewable generation assets, playing a key role in meeting the country's rising energy demand. Additionally, its Discoms supplied approximately 47 billion units of electricity to its consumer base, reinforcing its position as a reliable and responsible power Company.

Result PDF

Electric Utilities company Tata Power Company announced Q3FY25 results

  • Revenue: Rs 15,118 crore compared to Rs 14,841 crore during Q3FY24, change 2%.
  • EBITDA: Rs 3,481 crore compared to Rs 3,250 crore during Q3FY24, change 7%.
  • PAT: Rs 1,188 crore compared to Rs 1,076 crore during Q3FY24, change 10%.

Praveer Sinha, CEO and Managing Director, Tata Power, said: " We have delivered a sustained PAT growth trajectory over the last 21 quarters and all our businesses have been contributing to this growth.

We have emerged as a clean energy leader with presence across the full value chain of manufacturing, EPC, and development of renewable projects along with retail supply through group captives. As an integrated power company, we offer complete energy services towards our portfolio of generation, transmission and distribution solutions to provide affordable power for all.

Our operations in Odisha have emerged as a role model for Discom reforms. We are earnestly 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 evacuation and supply of power nationwide and put us at the centre of the development of upcoming Green Energy Corridors.

As the Government is looking for active partnerships with private players and the amendment to the Nuclear Power Act to set up nuclear energy capacity, we will take up the opportunities to set up small modular nuclear reactors.”

Result PDF

Electric Utilities company Tata Power Company announced Q2FY25 results

Financial Highlights:

  • Achieves an EBITDA of Rs 3808 crore in Q2FY25; up 23%YoY.
  • Clocks highest ever half-yearly consolidated revenue of Rs 32,057 crore (up 5 % YoY), EBITDA of Rs 7,158 crore (up 17 % YoY), and PAT of Rs 2,721 crore (up 41 % YoY).
  • A strong and well-diversified order book of Rs 15,900 crore in solar EPC business.
  • Surpasses 15 GW installed generation capacity including conventional & green.
  • Clean and green portfolio crosses ~12.9 GW (6.4 GW operational, 6.5 GW under construction).
  • Transmission portfolio now stands at 7,049 Ckm, including 4,633 Ckm commissioned and 2,416 Ckm under construction.
  • Clocks 20th consecutive quarter of PAT growth.
  • Incurs capex of ~ Rs 5,200 crore in Q2FY25 to tap growth opportunities; H1FY25 capex stands at Rs 9,100 crore against full-year plan of ~Rs 20,000 crore.
  • Tata Power Achieves Highest Ever Quarterly PAT of Rs 1,533 crore in Q2FY25; up 51% YoY.

Other Highlights:

  • Strategic bid wins in Transmission valued at ~ Rs 7,100 crore adding 1,607 Ckm for four large bids in the last 10 months. Transmission portfolio now stands at 7,049 Ckm; 4,633 Ckm in operation; 2,416 Ckm under construction.
  • Tata Power received LoI from REC Power Development & Consultancy to acquire ERESXXXIX Power Transmission, Gopalpur, Odisha under tariff-based competitive bidding (TBCB). This is the fourth large Transmission bid won by the company after Paradeep Transmission, Bikaner-III Neemrana-II Transmission, and Jalpura Khurja Power Transmission in the last 10 months, comprising 1,607 Ckm of transmission lines in total.
  • Tata Power Trading Company partnered with Singapore-based Keppel to launch sustainable Cooling-as-a-Service (CaaS) solutions in India. This arrangement will focus on high-demand environments such as Airports, IT parks, SEZs, Data Centres, and other Industrial and Commercial properties.
  • During the quarter, NCLT approved the composite Schemes of Arrangement for the merger of Walwhan Renewable Energy Limited (including its 19 subsidiaries) and TP Wind Power Limited with an appointed date of 1st April 2022; and the merger of Tata Power Solar Systems Limited and Chirasthaayee Saurya Limited with an appointed date of 1st April 2023; with the Tata Power Renewable Energy Limited.
  • TPREL won its largest order in Maharashtra with MSEDCL awarding the company 501MW (400MW PPA) Hybrid project.
  • TPREL partnered with ICICI Bank to provide easy financing to residential and commercial customers. The Company has also partnered with IndusInd Bank to facilitate accessible and affordable solar financing for Micro and Small Enterprises (MSEs).
  • TPREL signed an MoU with Tata Motors to establish 200 fast charging stations for electric commercial vehicles
  • TP Renewable Microgrid partnered with the National Dairy Development Board to solarize the village level milk cooperative value chain.
  • 14.5 lakh smart meters installed across Tata Power discoms in Delhi, Mumbai and Odisha.
  • During the quarter, TPDDL received a favourable regulatory order leading to an increase in approved regulatory assets from Rs 1,763 crore to Rs 5,788 crore
  • TPDDL and Nissin Electric signed a pact to commence a project to provide electricity from India’s first micro substation.
  • TPDDL became the first Indian power distribution utility to win the prestigious 2024 Deming Prize for its Total Quality Management (TQM) practices.

Praveer Sinha, CEO and Managing Director, Tata Power, said: “Our Generation, Transmission & Distribution, and Renewable businesses continue to witness sustained growth momentum as India sees record power demand and investment in the new Age of Electricity. All our business segments have performed remarkably well during the quarter leading to 20th consecutive quarterly PAT growth.

Aligned with the ‘Make in India’ vision, our 4.3 GW cell-and-module plant in Tamil Nadu is going strength-to-strength with the commissioning of a 2 GW cell production line during the quarter. The cell plant will achieve its full capacity by next month. The 4.3 GW module plant is already fully operational establishing us as a leader in solar manufacturing.

We have made significant strides in the transmission business with major wins in both Inter-State and Intra-State projects, showcasing our strong project execution capabilities in upgrading grid infra. These projects will help evacuate clean energy from remote renewable sites, to support widescale renewable energy availability.

We are mainstreaming the wide-scale adoption of solar rooftops in residential, commercial and industrial segments through our pan-India presence. We are also powering e-mobility in 590 cities, covering private, public, semi-public, and fleet charging.

We are well on track in terms of our planned Capex for the financial year, with Rs 9,100 crore spent during H1 out of Rs 20,000 crore. Our investments in transmission, renewables, and hydro projects are designed to strengthen India’s energy resilience and security.”

Result PDF

Electric Utilities company Tata Power Company announced Q1FY25 results:

  • PAT grows 31% to Rs 1,189 crore on the back of Operational Efficiency
  • Capex investment of ~ Rs 4,000 crore in Q1FY25, full year plan ~Rs 20,000 crore
  • Reports highest ever quarterly consolidated Revenue of Rs 16,810 crore (Up 12%YoY)
  • Consolidated EBITDA rises to Rs 3,350 crore (Up 11% YoY)
  • Registers 19th consecutive quarter of PAT growth
  • The Company has a clean and green installed capacity of 6.1 GW as of Q1FY25, accounting for 41% of the capacity, with another 5.3 GW under execution. The combined order pipeline for utility-scale EPC and solar rooftop, including group captive, is ~Rs 15,500 crore.

Praveer Sinha, CEO and Managing Director, Tata Power, said, “We have commenced FY25 on a strong note, which is reflected in the Q1 FY25 results as we book our all-time high and 19th consecutive quarter of PAT growth. All our businesses have grown profitably on the back of operational efficiency, execution excellence, and sustained business momentum.

As we achieve 1 lakh rooftop solar installations across the country, we thank our customers for choosing Tata Power as their green energy partner. With our pan-India campaign, ‘Ghar Ghar Solar Tata Power Ke Sang’, we are powering solar adoption in the country via solar panels manufactured in our newly built 4.3 GW solar module and cell plant in Tamil Nadu.

We have also made significant strides towards advancing sustainable mobility solutions, becoming the first EV charging solutions provider to surpass the installation of 1 lakh home EV chargers. We also have a growing pan-India network of over 5600 public / captive chargers.

Our planned capex for this financial year is Rs 20,000 crore. We are committed to adopting and leading the new and emerging clean energy technologies, including pumped hydro projects, Hydropower project in Bhutan, and opportunities to develop Small Modular Nuclear Reactors as Government policy evolves."

Result PDF

Electric Utilities company Tata Power Company announced Q4FY24 & FY24 results:

Financial Highlights:

• FY24 PAT at an all-time high at Rs 4,280 crore
• Consolidated Revenue for FY24 grows 10% to an all-time high of Rs 61,542 crore
• Consolidated EBITDA for FY24 grows 26% to an all-time high of Rs 12,701 crore
• Q4FY24 PAT grows 18% to Rs 1,109 crore
• Q4FY24 Revenue grows 27% to Rs 16,256 crore
• Q4FY24 EBITDA grows 8% to Rs 3,358 crore
• CRISIL Ratings Limited has upgraded the Company’s LongTerm rating on the bank loan and debt facilities from ‘CRISIL AA/Positive’ to ‘CRISIL AA /Stable’ and has reaffirmed its ‘CRISIL A1 ’ rating on the Company’s commercial paper programme and short-term facilities

Dr. Praveer Sinha, CEO and Managing Director, Tata Power, said, " The Company reported yet another quarter of stellar results with Q4FY24 being the 18th consecutive quarter of PAT growth. The operational and financial performance of all our core businesses – Generation, T&D and Renewables - has been strong and is on a growth path.

Today, Tata Power stands at the forefront of India's energy transition with its integrated presence across the value chain. Our clean energy portfolio will touch 15 GW by FY27 and we are committed to supplying round-the-clock renewable energy to our consumers with a mix of solar, wind and Pumped Hydro Storage Projects in our portfolio.

The Odisha Discoms have demonstrated the success of the Public Private Partnership model and are now profitable within a short span of three years. We are well-poised to take on newer power distribution opportunities once they open for privatization.

The rooftop solar business is displaying growth momentum and with a portfolio of over 2 GW, we are well-positioned to tap the increasing opportunities, especially under the PM Surya Ghar Yojana which aims to light up one crore households.

We continue our journey to be the most preferred and trusted green energy solutions provider and utility of choice for every customer.”

Result PDF

Electric Utilities company Tata Power Company announced Q3FY24 results:

Financial Performance

  • Revenue: Q3FY24 saw a revenue increase to Rs 14,841 crore, which is a 3% year-on-year growth. For 9MFY24, revenue reached an all-time high of Rs 45,286 crore.
  • EBITDA: The EBITDA for Q3FY24 jumped by 15% YoY to Rs 3,250 crore. The 9MFY24 EBITDA also hit a record high at Rs 9,342 crore, marking a 34% increase.
  • Profit After Tax (PAT): PAT for Q3FY24 grew to Rs 1,076 crore, with 9MFY24 PAT at Rs 3,235 crore, showing a growth of 13%.

Business Highlights

  • The core businesses of Generation, Transmission & Distribution, and Renewables contributed more than 71% of the PAT in 9MFY24, a significant increase from 40% in FY23.
  • Odisha Distribution Business reported a 75% increase in Q3FY24 PAT to Rs 63 crore and a 103% increase in 9MFY24 PAT to Rs 217 crore.
  • Tata Power secured two transmission projects worth Rs 2,300 Cr in Bikaner-Neemrana and Jalpura-Khurja under the TBCB regime.

Renewable Energy and Solar Initiatives

  • The solar rooftop portfolio reached over 2,000 MW, including Group Captive, with an addition of 146 MW during Q3FY24, up by 15% year-on-year.
  • The company facilitated over Rs 3,500 crore worth of customer financing for solar projects.

Electric Vehicle (EV) and E-Mobility

  • Tata Power installed more than 11,400 home EV chargers and energized 412 public EV charging points in Q3FY24, contributing to a total of over 5,300 public/semi-public chargers.

Sustainability and Corporate Social Responsibility (CSR)

  • Tata Power launched 'Project GhanVan' with the ICICI Foundation to plant 2.5 lakh indigenous trees in the Western Ghats over three years.
  • The company organized Urja Mela 2023 in Delhi to promote energy conservation among students.

Dr. Praveer Sinha, CEO and Managing Director of Tata Power, stated: "Our core businesses continue to perform well and have helped the Company clock its 17th consecutive PAT growth quarter. Our consistent performance shows strong fundamentals of excellence in operational performance and project execution capability. As the country witnesses a surge in power demand, Tata Power is well-positioned to capitalize on the growth momentum with its cutting-edge, customized and cost-effective clean and green energy solutions."

 

 

Result PDF

Electric Utilities company Tata Power Company announced Q2FY24 & H1FY24 results:

Financial Performance:
- Tata Power reports its 16th consecutive quarter of profit after tax (PAT) growth, with a 9% increase in net profit to Rs 1,017 crore during Q2FY24 compared to the previous year.
- The company's consolidated revenue rose by 9% to Rs 15,442 crore during Q2FY24, driven by higher revenue from its core businesses of Generation, Transmission & Distribution.
- Q2FY24 EBITDA surges by 51% to Rs 3,087 crore, resulting in an all-time high H1FY24 EBITDA of 6,092 crore.
- The balance sheet continues to strengthen, with Net Debt to Underlying EBITDA improving to 2.65x and Net Debt to Equity improving to 1.02x during Q2FY24.
- Moody's upgrades Tata Power's corporate family rating to Ba1 with a stable outlook.

Business Performance:
- 84% of the Company's PAT during Q2FY24 came from core businesses, highlighting strong business fundamentals.
- Tata Power achieved a milestone of 5,500 MW in its clean energy portfolio, accounting for 38% of its total installed generation capacity.
- Significant progress is made in the Distribution Business, with improved cash flow and reduced AT&C losses in Odisha.
- The first module is produced from the 4.3 GW Cell & Module Greenfield Tamil Nadu manufacturing plant, with the first cell production set to roll out in Q4FY24.
- A Memorandum of Understanding is signed with the Maharashtra Government for the development of 2,800 MW Pump Hydro Storage Projects with an investment of approximately 13,000 crore.

Sustainability and E-Mobility:
- Tata Power continues to drive green energy transition through renewables, with a total renewables capacity of 7,961 MW and an installed capacity of 4,206 MW.
- The Company expands its EV charging infrastructure, energizing public EV charging points, bus chargers, and home EV chargers.
- Partnerships are formed with the Assam Government, Zoom Cars, Bridgestone, Tata Motors, and others to bolster the EV charging ecosystem.
- Tata Power Mumbai Distribution launches an innovative demand response programme for BPCL.
- The Company's Transmission & Distribution segment achieves milestones in meter replacements and smart meter installations.

Dr. Praveer Sinha, CEO and Managing Director, Tata Power, said, "We have reported yet another strong quarter of financial performance, driven by robust contribution from all our core business clusters. Our adherence to financial discipline and operational excellence along with business resilience and diversification has helped us maintain this consistent profit growth.

We are constantly focusing on new areas of growth such as our Greenfield solar cell and module manufacturing plant in Tamil Nadu which has produced its first module this quarter and is on track to roll out the first cell in Q4FY24. We are continually taking significant strides in enabling green energy transition by supplying Round-theClock renewable energy with hybrid solar and wind plants along with Pumped Storage plants.”

 

 

Result PDF

Electric Utilities firm Tata Power Company announced Q1FY24 results:

  • Consolidated EBITDA up by 43% at Rs 3,005 crore vs Rs 2,107 crore in Q1FY23. Lower under-recovery in Mundra Plant & positive regulatory order in Maithon Power Limited (MPL)
  • Consolidated revenue up by 2% at Rs 15,003 crore vs Rs 14,776 crore in Q1FY23 due to higher sales across Distribution companies and capacity addition in renewables.
  • Consolidated reported PAT up by 29% at Rs 1,141 crore vs Rs 884 crore in Q1FY23 supported by strong performance across all businesses
  • Consolidated PAT before exceptional items up by 3% at Rs 906 crore vs Rs 884 crore in Q1FY23 supported by strong performance across all businesses
  • Exceptional item of Rs 235 crore on account of deemed gain on dilution of stake from 47.78% to 30.81% in Tata Projects

Dr. Praveer Sinha, CEO & MD, Tata Power said, "We have delivered a 15th consecutive quarter of PAT growth on the back of strong performance across all business clusters. This is the result of our effective strategies, operational efficiencies, and execution excellence driven by our committed workforce.

We have planned nearly Rs 12,000 crore of capex for the current financial year which would help us lead the green energy transition and in the growth opportunities in the transmission and distribution business.

Tata Power is well poised to develop round-the-clock renewable power solutions. We are making significant progress in developing solutions around battery storage, pumped hydro projects, and other hybrid solutions. This will support the RE100 agenda of large enterprises and also contribute towards clean energy solutions for our C&I consumers."

 

Result PDF

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