Mumbai2 days ago
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Tata Group company Tata Power has received a profit of Rs 1,188 crore in the third quarter of FY 2024-25. The annual base has increased by 10%. The company made a profit of Rs 1,076 crore in the same quarter of a year ago.
Revenue increased by 5% to Rs 15,391 crore from the company operating in the October-December quarter. A year ago, in October-December 2023, the company generated a revenue of Rs 14,651 crore. The money from selling goods and services is called revenue or revenue. It does not include any expenses or deduction.
Tata Power Revenue reduced by 2% on quarterly basis
The company’s profit has increased by 9% compared to the previous quarter i.e. July-September. In Q2Fy25, the company made a profit of Rs 1,093 crore. During this time the revenue is reduced by 2%. In the second quarter, the company generated a revenue of Rs 15,698 crore.
Tata Power profit up 10% in third quarter
On an annual basis
| Tata Power | FY25 (October-December) | FY24 (October-December) | Change (%) |
| Operational revenue | ₹15,391 | ₹14,651 |
5.05% |
| Other income | ₹402 | ₹643 |
-37.48% |
| Total income | ₹15,793 | ₹15,294 |
3.26% |
| Total expenses | ₹14,249 | ₹14,254 |
-0.04% |
| Net profit | ₹1,188 | ₹1,076 |
10.41% |
On a quarterly basis
| Tata Power | FY25 (October-December) | FY25 (July-September) | Change (%) |
| Operational revenue | ₹15,391 | ₹15,698 |
-1.96% |
| Other income | ₹402 | ₹513 |
-21.64% |
| Total income | ₹15,793 | ₹16,211 |
-2.58% |
| Total expenses | ₹14,249 | ₹14,082 |
1.19% |
| Net profit | ₹1,188 | ₹1,093 |
8.69% |
Note: The figures are in crores of rupees.
What is standalone and consolidated?
Companies’ results come in two parts- Standalone and Consolidated. Financial performance of only one unit is shown in standalone. Whereas, the entire company reports are given in the consolidated or consolidated financial report.
Tata Power’s share dropped 17% in 6 months
Prior to the quarterly results, Tata Power’s stock closed at 361.85 on Tuesday (4 February) at 361.85. The company’s stock has fallen 4.44% in a month, 16.78% in six months and 8.16% in a year. The market cap of Tata Power is Rs 1.16 lakh crore.
