Tata Power Q3 Results: Net Profit Climbs 10% to Rs 1,187 Crore
Strong Performance Across Core Business Segments
Tata Power has announced a positive financial performance for the third quarter of FY25, with a **10% increase in consolidated net profit, reaching Rs 1,187 crore**. This growth is attributed to strong contributions from its core business segments, including power generation, transmission, distribution, and renewable energy.
In the corresponding quarter of the previous year, Tata Power's net profit was Rs 1,076 crore. This year's results demonstrate the company's continued growth trajectory.
Revenue and EBITDA Growth
Tata Power's revenue for the quarter increased by **5% to Rs 15,391 crore**, compared to Rs 14,651 crore in the same period last year. Earnings before interest, tax, depreciation, and amortization (EBITDA) witnessed a substantial surge of **39% year-on-year, reaching Rs 3,352 crore**. This robust EBITDA performance led to a significant expansion in margins.
EBITDA margins expanded by over **500 basis points to 21.8%**, a notable increase from 16.5% in the previous year, showcasing improved operational efficiency and profitability.
Management Commentary
"We have delivered a sustained PAT growth trajectory over the last 21 quarters and all our businesses have been contributing to this growth," said Praveer Sinha, CEO and Managing Director of Tata Power. He further emphasized the company's emergence as a leader in clean energy, with a comprehensive presence across the entire value chain, including manufacturing, EPC (Engineering, Procurement, and Construction), renewable project development, and retail supply through group captives.
Regulatory Impact
The company reported a regulatory loss of Rs 274 crore during the quarter, compared to a gain of Rs 190 crore in the year-ago quarter. This factor should be considered when analyzing the overall financial performance.
Overall, Tata Power's Q3 results reflect a strong performance driven by its core business segments and a focus on clean energy solutions. The company's continued growth and margin expansion position it well for future success in the evolving energy landscape.
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