Tata Power Results: FY24 PAT At Record High At ₹4,280 Cr, ₹2/Sh Dividend

Tata Power reports highest ever PAT of ₹ 4,280 crore and Revenue of ₹61,542 crore for FY24.Consolidated EBITDA for FY24 grows 26 % to an all-time high of ₹ 12,701 crore.Q4FY24 PAT up 18% to ₹ 1,109 crore; clocks 18th consecutive quarter of PAT growth.Board recommends dividend of ₹ 2 per equity share.Renewables portfolio stands over 10 GW.4.3GW Cell & Module manufacturing facility in Tirunelveli, Tamil Nadu has commenced production and commercially produced around 130MW of Modules in Q4FY24.Commissioned India’s largest Solar (100 MW) & Battery (120 MWh) Storage Project in Chhattisgarh.Rooftop Business portfolio now stands over 2 GW.Transmission portfolio stands at 6277 Ckm. Recent wins of ₹2300 crore include Jalpura Khurja Power Transmission Limited & Bikaner-III Neemrana-II Transmission Limited. Tata Power stock up 76% in six months.Watch Exclusive Chat With Dr Praveer Sinha, CEO & MD, Tata Power On Q4 Results and Growth Outlook.