The tribunal, in a 2:1 majority decision, also awarded Kleros simple interest of 5.33% on the damages from November 30, 2020, until the date of payment. In addition, Tata Power has been directed to pay $8.29 million in legal costs, with interest at the same rate from July 1, 2025.
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The arbitration was initiated by Kleros in November 2020, and oral hearings concluded in February 2024. Tata Power received the tribunal’s award on July 1, 2025, after business hours. The company said it is reviewing the contents of the award and is evaluating all available options, including a possible legal challenge.Fourth Quarter Results
Tata Power Company reported a 24% year-on-year rise in consolidated net profit to ₹1,306 crore, compared to ₹1,045.6 crore in the same quarter last year. The company’s operational performance also strengthened, with revenue rising 7.9% YoY to ₹17,096 crore.
The EBITDA for the quarter saw a significant jump of 39.2% YoY to ₹3,245.4 crore, indicating improved operational efficiency. Operating margins expanded to 19% from 14.7% in the year-ago period.
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Tata Power’s board has recommended a final dividend of ₹2.25 per equity share for FY25. The dividend is subject to shareholder approval at the company’s 106th Annual General Meeting (AGM), scheduled for July 4, 2025.
Shares of Tata Power Company Ltd ended at ₹406.90, up by ₹0.35, or 0.086%, on the NSE.
