Investor Presentaiton

TATA POWER Fig. in INR Cr Q2 FY23 Financial Highlights Strong all round operational performance across the businesses and higher coal profits, PAT up by 85% YoY Reported EBITDA* Underlying EBITDA (Including Share of JVs & Associates) TATA PAT (before exceptional items) Q1 FY23 Q2 FY23 | Q2 FY22 2,107 2,043 1,732 (3%) 18% 2,910 12% Q1 FY23 Q2 FY23 | Q2 FY22 3,262 2,355 Q1 FY23 Q2 FY23 Q2 FY22 884 935 506 39% 6% 85% Renewables EBITDA Q1 FY23 Q2 FY23 | Q2 FY22 778 736 (5%) *Reported EBITDA includes other income Receivables Net External Debt Q1 FY23 707 9,442 Q2 FY23 | Q2 FY22 9,363 6,347 Q1 FY23 42,343 | 39,486 39,459 Q2 FY23 | Q2 FY22 4% 12

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