Tata Power Share Price Rises Over 2% After Q3 FY25 Net Profit Climbs 8%

Tata Power reported an 8.2% increase in its consolidated net profit for Q3FY25, reaching ₹1,030.7 crore, compared to ₹953 crore in the same quarter last year. This rise was driven by improved business performance.

Revenue and PBDIT Performance

• Revenue grew 5% year-on-year to ₹15,391.1 crore.
• Profit Before Depreciation, Interest, and Tax (PBDIT) saw an 81% jump to ₹3,667.6 crore.
• Sequentially, net profit rose 11%, while revenue declined 2%.

CEO’s Comments on Growth

Praveer Sinha, CEO & MD of Tata Power, highlighted that the company has maintained a consistent profit growth for 21 quarters and credited contributions from all business segments.

Sinha acknowledged the Budget 2025 announcement on small modular reactors (SMRs) as a positive step. Tata Power is keen to explore opportunities in this space but awaits further clarity.

Capital Expenditure Plans

Tata Power has a ₹60,000 crore capex plan for upcoming years. Key investments include:

• ₹12,000 crore spent in FY24
• ₹22,000 crore planned for FY25
• ₹22,000 crore set aside for FY26

Hydropower Expansion in Bhutan

Tata Power is considering another hydropower project in Bhutan but has not disclosed details. In November 2024, the company announced a strategic partnership with Druk Green Power Corporation Ltd (DGPC) to develop at least 5,000 MW of clean energy capacity in Bhutan.

About Tata Power Company Ltd

Tata Power Company Ltd generates, transmits, and distributes electricity. It focuses on producing power entirely from renewable sources. The company also makes solar roofs and aims to set up 1 lakh EV charging stations by 2025. The company is India’s largest integrated power company.

As of February 5, 10:47 AM IST, Tata Power share price is trading at ₹368.95, up ₹6.90 (1.91%) for the day. The stock opened at ₹366.45, reached a high of ₹375.00, and touched a low of ₹362.50.

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