Tata Power Achieves FY25 PAT of INR 5,197 Crore, Q4 Profit Jumps 25 Percent

Tata Power has announced robust financial results for FY25, achieving an annual profit of INR 5,197 crore, a 26 percent increase year-on-year.

With a 25 percent rise in quarterly profit to INR 1,306 crore, the company marked its 22nd consecutive quarter of profit growth. The firm said in its statement that the company’s full year, revenue climbed 5 percent to INR 64,502 crore, while fourth-quarter revenue grew by 7 percent to INR 17,328 crore. Operational efficiency continued to be a strength, with full-year EBITDA rising 14 percent to INR 14,468 crore and Q4 EBITDA matching that growth rate to reach INR 3,829 crore. In light of this impressive financial showing, the Board has proposed a dividend of INR 2.25 per share for FY25, a step up from INR 2 per share declared last fiscal year.

Tata Power’s transmission and distribution segment emerged as a major growth engine. The Odisha Discoms stole the spotlight with a 207 percent jump in Q4 PAT to INR 275 crore, helping drive the overall T&D segment’s quarterly PAT up by 50 percent to INR 616 crore. The annual profit for the Discoms surged 43 percent to INR 439 crore, signaling a turnaround in utility operations and reflecting improved efficiencies on the ground.

Renewable energy continues to be at the heart of Tata Power’s strategy. The company reported a 62 percent rise in Q4 PAT from renewables to INR 469 crore, while the full-year profit from this segment stood at INR 1,256 crore , a 48 percent increase over last year. The rooftop solar business also shone brightly with INR 209 crore in annual profit, cementing its leadership in the segment for the tenth year in a row. Meanwhile, TP Solar, the company’s manufacturing arm, delivered INR 422 crore in profit, having produced 3,291 MW worth of modules and 846 MW of solar cells during the year.

Strategic expansion played a key role in Tata Power’s standout performance. The company added 2.5 GW of renewable capacity in FY25, including 1 GW of utility-scale projects. It now has a pipeline of 5.4 GW under development and has secured grid connectivity for 6,800 MW. In a significant push for clean baseload energy, the 1,000 MW Bhivpuri pumped hydro project received regulatory approvals, with construction set to begin in the first half of FY26. Additionally, the 1,800 MW Shirawata project is targeted for commissioning by 2030.

On the international front, Tata Power attracted USD 4.25 billion in clean energy funding from the Asian Development Bank and signed pacts worth INR 49,000 crore with the Andhra Pradesh government for 7,000 MW of renewable energy projects. These partnerships reinforce the company's global credibility and ambition to lead India’s green energy revolution.

Sustainability and innovation remained key focus areas. The company ramped up its electric vehicle (EV) infrastructure network, installing 1.4 lakh home chargers and 5,488 public charging points across 641 cities. It also launched the EcoCrew initiative to promote energy literacy, reaching out to over three lakh students in Uttar Pradesh and Uttarakhand. Recognition followed close behind, Odisha Discoms earned A+ ratings, while Maithon Power was ranked among India’s top 14 power stations.

CEO and MD Dr. Praveer Sinha, commenting on the company’s performance, said, “FY25’s record performance underscores our execution strength. With 2 GW renewable additions planned for FY26, we aim to accelerate India’s energy transition and support its economic ambitions.”

Tata Power currently operates a 15.7 GW power portfolio, with 44 percent of it based on renewable sources. Serving over 12.8 million customers, the company is steering confidently toward its goal of carbon neutrality by 2045, with a strong presence across the energy value chain, from generation and transmission to solar manufacturing and EV infrastructure.