Latest news with #TataPowerCompany
Economic Times
10-06-2025
- Business
- Economic Times
Tata Power shares rise over 2% amid strong volumes, extend unbeaten lead to 6% in five sessions
The rally in Tata Power stocks came amid robust volumes and positive sentiment following operational milestones, including a 4 GW production mark by its solar unit and record rooftop solar installations. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of Tata Power Company have gained over 6% in the past five trading sessions, maintaining an unbeaten streak. On Tuesday, the stock rose 2.4% to hit an intraday high of Rs 416 on the NSE, even as the benchmark Nifty traded in a narrow company on Monday had informed that its solar manufacturing arm TP Solar Limited crossed 4 GW of solar module production at its Tamil Nadu stock saw a considerable spike in its trading volumes on the BSE and NSE. On BSE, the spurt in volume was 3.88 times. Tata Power Company had reported a 25% growth in its consolidated net profit at Rs 1,306 crore in Q4FY25 versus Rs 1,046 crore reported in the year-ago period. The revenue from operations in the March-ended quarter stood at Rs 17,096 crore, which was up 8% versus Rs 15,847 crore in the corresponding quarter of the last financial the full financial year, the net profit stood at Rs 4,775 crore, up 12% from Rs 4,280 crore in FY24, while the revenue stood at Rs 64,502 crore versus Rs 61,542 crore in the year-ago period. This translates into a 5% YoY Earnings Before Interest, Taxes, Depreciation and Amortisation for FY25 stood at Rs 14,468 crore, up from Rs 12,701 crore in the year-ago period. The EBITDA for Q4FY25 was up 14% to Rs 3,829 crore versus Rs 3,358 crore in the year-ago Power said that the company has crossed the milestone of Rs 5,000 crore PAT before exceptional items in company also marked a major milestone of 1.5 lakh+ rooftop solar installations.
Time of India
10-06-2025
- Business
- Time of India
Tata Power shares rise over 2% amid strong volumes, extend unbeaten lead to 6% in five sessions
Shares of Tata Power Company have gained over 6% in the past five trading sessions, maintaining an unbeaten streak. On Tuesday, the stock rose 2.4% to hit an intraday high of Rs 416 on the NSE, even as the benchmark Nifty traded in a narrow range. The company on Monday had informed that its solar manufacturing arm TP Solar Limited crossed 4 GW of solar module production at its Tamil Nadu Facility. The stock saw a considerable spike in its trading volumes on the BSE and NSE. On BSE, the spurt in volume was 3.88 times. Tata Power Company had reported a 25% growth in its consolidated net profit at Rs 1,306 crore in Q4FY25 versus Rs 1,046 crore reported in the year-ago period. The revenue from operations in the March-ended quarter stood at Rs 17,096 crore, which was up 8% versus Rs 15,847 crore in the corresponding quarter of the last financial year. For the full financial year, the net profit stood at Rs 4,775 crore, up 12% from Rs 4,280 crore in FY24, while the revenue stood at Rs 64,502 crore versus Rs 61,542 crore in the year-ago period. This translates into a 5% YoY jump. The Earnings Before Interest, Taxes, Depreciation and Amortisation for FY25 stood at Rs 14,468 crore, up from Rs 12,701 crore in the year-ago period. The EBITDA for Q4FY25 was up 14% to Rs 3,829 crore versus Rs 3,358 crore in the year-ago period. Tata Power said that the company has crossed the milestone of Rs 5,000 crore PAT before exceptional items in FY25. The company also marked a major milestone of 1.5 lakh+ rooftop solar installations. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Business Standard
10-06-2025
- Business
- Business Standard
Tata Power's TP solar hits 4 GW module output at Tirunelveli plant
Tata Power Company announced that its solar manufacturing arm, TP Solar, has crossed 4 GW of cumulative solar module output at its facility in Tirunelveli, Tamil Nadu. As of May 31, 2025, the site has produced 4,049 MW of modules and 1,441 MW of solar cells, the company said in a statement. The Tirunelveli facility, touted as Indias largest single-location solar cell and module manufacturing plant, has a nameplate capacity of 4.3 GW each for cells and modules. The site also includes provision for future expansion to support the companys long-term growth plans. TP Solar plans to ramp up production to 3.7 GW of solar cells and 3.725 GW of modules in FY26, reinforcing its commitment to strengthening Indias clean energy ambitions. Set up with an investment of Rs 4,300 crore, the Tirunelveli facility plays a pivotal role in Tata Powers localisation strategy for the solar value chain. It manufactures ALMM-certified and DCR-compliant modules using domestically produced cells, and features advanced technologies such as TOPCon and Mono PERC. In addition, Tata Power Renewable Energy Ltd (TPREL) operates a 682 MW module and 530 MW cell plant in Bengaluru, which is currently running at full capacity to meet DCR (Domestic Content Requirement) obligations. Tata Power, part of the diversified Tata Group, has an integrated power portfolio of 15.7 GW, spanning renewables, conventional generation, transmission, distribution, trading, storage solutions, and solar manufacturing. Tata Power Companys consolidated net profit jumped 16.49% to Rs 1,042.83 crore on a 7.88% increase in revenue from operations to Rs 17,095.88 crore in Q4 FY25 over Q4 FY24. Shares of Tata Power Company rose 0.23% to Rs 407.55 on the BSE.
Economic Times
15-05-2025
- Business
- Economic Times
Tata Power shares rise 2% after Q4 net profit jumps 25% YoY
Revenue from operations for the March quarter rose by 8% to Rs 17,096 crore, up from Rs 15,847 crore in the corresponding period of the previous fiscal year. Tata Power share price rose following a robust Q4FY25 performance, marked by a 25% YoY increase in net profit to Rs 1,306 crore and an 8% rise in revenue to Rs 17,096 crore. The company proposed a final dividend of Rs 2.25 per share and plans a substantial Rs 25,000 crore capex for FY26, with interest in Uttar Pradesh discoms. Tired of too many ads? Remove Ads Dividend Details Capex Plans Tired of too many ads? Remove Ads Shares of Tata Power Company rose 2% to hit the day's high of Rs 404.55 on the BSE on Thursday after the company reported a 25% year-on-year (YoY) increase in consolidated net profit, reaching Rs 1,306 crore in Q4FY25, compared to Rs 1,046 crore in the same quarter last from operations for the March quarter rose by 8% to Rs 17,096 crore, up from Rs 15,847 crore in the corresponding period of the previous fiscal board has proposed a final dividend of Rs 2.25 per equity share for the financial year ending March 31, 2025. This dividend is subject to shareholder approval at the Annual General Meeting (AGM) scheduled for July 4, company has set Friday, June 20, 2025, as the record date for determining eligible shareholders. Tata Power plans to allocate Rs 25,000 crore for capital expenditure (capex) in FY26 and is also interested in bidding for two discoms in Uttar Pradesh, CEO Praveer Sinha revealed while outlining the company's plans for the upcoming fiscal its nuclear project ambitions, Sinha mentioned that Tata Power is awaiting legal changes and will proceed once the necessary regulations are in place. The CEO shared these insights during a post-earnings call on of the company dropped 8% in the last one year. Meanwhile, the stock has offered 78% and 1,185% in the last three and five years, respectively. Tata Power Company has worse 1-year returns than Sensex, Nifty50, Industry, and Sector.
Business Standard
15-05-2025
- Business
- Business Standard
Tata Power Company consolidated net profit rises 16.49% in the March 2025 quarter
Sales rise 7.88% to Rs 17095.88 crore Net profit of Tata Power Company rose 16.49% to Rs 1042.83 crore in the quarter ended March 2025 as against Rs 895.21 crore during the previous quarter ended March 2024. Sales rose 7.88% to Rs 17095.88 crore in the quarter ended March 2025 as against Rs 15846.58 crore during the previous quarter ended March 2024. For the full year,net profit rose 7.43% to Rs 3971.00 crore in the year ended March 2025 as against Rs 3696.25 crore during the previous year ended March 2024. Sales rose 6.56% to Rs 65478.24 crore in the year ended March 2025 as against Rs 61448.90 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 17095.8815846.58 8 65478.2461448.90 7 OPM % 17.9514.56 - 19.7817.55 - PBDT 2698.022539.12 6 10558.539245.03 14 PBT 1581.741498.35 6 6441.675458.66 18 NP 1042.83895.21 16 3971.003696.25 7
