Tata Power, an integrated power company, reported a profit after tax (PAT) of ₹13.06 billion (~$152 million) in the fourth quarter (Q4) of the financial year (FY) 2025, a 25% year-over-year (YoY) growth from ₹10.46 billion (~$122.3 million).

The company’s quarterly revenue stood at ₹172.38 billion (~$2 billion), growing 7% from the same period of the previous year.

Higher power sales from all generating projects, ramp up of all solar module and cell lines in Tirunelveli, and significant strides in solar rooftop business pan-India contributed significantly to the overall growth.

The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 14% to ₹38.29 billion (~$447.3 million) from ₹33.58 billion (~$392.3 million) in the same period of the previous year.

The increase in EBITDA can be attributed to the strong performance across the core businesses comprising generation, transmission and distribution, and renewables.

Praveer Sinha, CEO and Managing Director, Tata Power, said, “FY25 has been a remarkable year for Tata Power, with the company achieving a record-breaking PAT exceeding ₹50 billion (~$584.69 million), driven by exceptional contributions across all our business segments. Our rooftop solar business has performed impressively, reaching over 1.5 lakh installations, with a total installed capacity of 3 GW.”

Tata Power’s solar cell and module manufacturing capacity is 4,900 MW each. The company has 9,935 MW of renewable energy capacity under construction.

It has a nearly 3 GW capacity under development across states such as Karnataka and Maharashtra. It has also secured over 6,800 MW of grid connectivity and acquired more than 30,000 acres of land for setting up the ongoing 5.4 MW of projects in the pipeline.

Full Year

Tata Power reported its highest-ever revenue of ₹645.04 billion (~$7.5 billion) in FY 2025, increasing 26% YoY.

The company crossed the ₹500 billion (~$5.8 billion) mark for the first time since its operations.

Its utility scale and group captive solar engineering, procurement, and construction (EPC) order book stood at ₹113.81 billion (~$1.3 billion), and the rooftop solar EPC order book was at ₹8.64 billion (~$101 million).

Tata Power’s PAT increased 12% from ₹42.8 billion (~$500 million) in FY 2024 to ₹47.75 billion (~$557.9 million) in FY 2025.

The company’s EBITDA reported a 14% YoY increase to ₹144.68 billion (~$1.6 billion). Its earnings per share came in at ₹13.53 (~$0.16), increasing 29% from ₹10.43 (~$0.12) in the previous year.

In FY 2025, 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.

The company successfully supplied over 64.7 billion units of electricity to the grid through its portfolio of conventional and renewable generation assets.

Tata Power’s PAT for its renewable business in Q3 FY 2025 grew 59% to ₹2.14 billion (~$25 million) in the third quarter of 2024.

The second quarter revenue stood at ₹152.47 billion ($1.81 billion), reflecting a slight 1% YoY decline.