Integrated Annual Report for the Financial Year 2024-25
Awaiting price reaction for this filing.
Tata Power filed its Integrated Annual Report for FY25 ahead of its 106th AGM scheduled for July 4, 2025. Consolidated revenue grew 5% to ₹64,502 crore, driven by improved billing in Odisha DISCOMs, rooftop solar growth, and full operations of the Mundra thermal plant. EBITDA rose 14% to ₹14,468 crore, while profit after tax (before exceptional items) jumped 26% to ₹5,197 crore, with consolidated PAT at ₹4,775 crore vs ₹4,775 crore. Standalone PAT grew to ₹3,133 crore from ₹2,230 crore. The company commissioned a 4.3 GW solar cell and module plant in Tirunelveli, expanded its renewable portfolio to 65% of total capacity (25.7 GW including pipeline), and won two new transmission projects. Dividend declared is ₹2.25 per share, with credit ratings reaffirmed at AA+/Stable.
Strong earnings beat with PAT growing 26% and EBITDA margin expansion signals operational efficiency gains. The growing clean energy share and large capex pipeline position Tata Power well for India's energy transition, likely supportive of investor sentiment ahead of the AGM.