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Transmission capex, RE segment may energise Tata Power stock
Business Standard
|May 17, 2025
Tata Power reported robust results in the fourth quarter of 2024-25 (Q4FY25).
Consolidated revenue rose 8 per cent year-on-year (Y-o-Y) to ₹17,100 crore and net profit surged 25 per cent Y-o-Y to ₹1,300 crore. Operating profit grew 39 per cent Y-o-Y to ₹3,200 crore.
The company added 1,026 megawatt (MW) of renewable energy (RE) capacity in FY25, including 166 MW in Q4. The 4.3 gigawatt or GW module and cell facility is at 90 per cent utilisation with all four cell lines active. The solar engineering procurement and construction or EPC order book is at ₹11,400 crore for utility-scale projects, ₹864 crore for rooftop and ₹1,036 crore for third-party rooftop. The RE segment will drive growth.
This story is from the May 17, 2025 edition of Business Standard.
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