With a target of achieving 50% of its energy from non-fossil fuel sources by 2030, the country is positioning itself as a leader in the clean energy transition.
Tata Power is one of India's largest integrated power companies with over a century of expertise in power generation and is now transitioning from traditional coal-based power to renewable energy and aligning with the global and national push for sustainability. Tata Power's performance and future prospects make it an attractive investment, particularly after its strong Q2FY2025 financial results that further emphasises its leadership in the renewable energy space. It reported a consolidated net profit of Rs 1200 crores reflecting a robust 20% year-onyear increase compared to Q2FY2024.
The rise in profitability has been driven by its renewable energy business which has seen significant growth in both capacity and revenue.
Revenue for Q2 FY2025 stood at 14,750 crore which is a 12% increase year-onyear while the EBITDA margin expanded due to operational efficiencies and higher capacity utilisation.
هذه القصة مأخوذة من طبعة October 06, 2024 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 06, 2024 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
DELHI-NCR ENFORCES GRAP STAGE-3
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K'TAKA TO SET UP SIT TO PROBE COVID SCAM
Dalla is accused of multiple charges including murder, extortion, terror financing, targeted killings, and cross-border smuggling of drugs and weapons.
