Tata Power Q4: Net profit, revenue rises 8%, board proposes dividend of ₹2.25 per share for FY25

Tata Power, a power generation company, announced its financial results for the fourth quarter of FY25 on Wednesday, reporting a growth in both revenue and profit of the company.

Tata Power posted an 8% rise in consolidated net profit year-on-year (YoY) for the March quarter at ₹1,042.83 crore, compared to ₹895.21 crore in the same period last year.

Its revenue from operations for Q4 FY25 stood at ₹17,095.88 crore, increasing nearly 8% from ₹15,846.58 crore recorded in the corresponding quarter of the previous fiscal.

Sequentially, profit after tax (PAT) rose 1.2% from ₹1,030.70 crore reported in Q3 FY25. The revenue of the company also saw an 11.1% quarter-on-quarter (QoQ) increase from ₹15,391.06 crore posted in the October-December period.

For the financial year FY25, the company’s net profit stood at ₹4,775 crore, marking a 12% rise from ₹4,280 crore in FY24, while revenue came in at ₹64,502 crore compared to ₹61,542 crore in the previous year, reflecting a 5% YoY increase.

According to the company's exchange filing, EBITDA rose by 14% to ₹3,829 crore, up from ₹3,358 crore in the same period last year.

Tata Power’s board recommended a final dividend of ₹2.25 per share for the financial year ending March 31, 2025. This proposed dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for July 4, 2025. The record date has been set as Friday, June 20, 2025.

"The dividend proposed by the Board awaits approval from the Members at the upcoming 106th Annual General Meeting ('AGM') of the Company, which is set to take place on Friday, July 4, 2025," stated Tata Power in a filing to the stock exchange.

The earnings came out post-market hours. Shares of Tata Power on Wednesday settled at ₹398.05 apiece on the National Stock Exchange, surging 2.25%.

Dr Praveer Sinha, CEO and Managing Director of Tata Power, mentioned that FY25 has been a remarkable year for the company, achieving a historic PAT of over ₹5000 crore, driven by exceptional performance across all business segments.

Sinha further mentioned, "Q4FY25 marks the 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.”

Tata Power, in a statement, said that higher power sales from all generating plants, ramping up of all module and cell lines in Tirunelveli, and significant strides in solar rooftop business pan-India (achieving the 1.5 lakh installation milestone) contributed significantly to the overall growth.

In Q4 FY25, the company’s distribution segment recorded an impressive 73% YoY growth in PAT, driven primarily by Odisha Discoms' strong performance.

“Our rooftop solar business has performed impressively, reaching over 1.5 lakh installations, with a total installed capacity of 3 GW. Our Distribution segment also delivered strong results, with PAT from Odisha Discoms surging 3x in Q4 FY25 and 43% in FY25," Praveer Sinha said.

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, 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 the 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,” Tata Power said in a statement.