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Tata Power’s Revenue from Rooftop Solar Business Doubles in Q4

Its revenue from renewables business in FY23 increased by 9% YoY

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Tata Power’s profit after tax (PAT) rose 48% year-on-year (YoY) to ₹9.39 billion (~$115 million) for the fourth quarter (Q4) of the financial year (FY) 2022-23, mainly driven by higher sales across distribution companies (DISCOMs) and higher renewable capacity addition.

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