Transmission capex, renewable energy segment may energise Tata Power stock

Tata Power benefits from transmission capex, reforms in distribution and green capex. It targets RE capacity of 15GW by FY27 and has capex plans of ₹84,200 crore for FY24-27

Tata Power reported strong 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