Assets
Tatenergo JSC is one of the largest regional generating companies of the Russian Federation.
Since December 01, 2008, the Company has been operating in the wholesale market of electric energy and capacity (OREM) and supplies electric energy and capacity to more 250 counterparties in the Russian Federation. Tatenergo JSC sells thermal energy on the territory of the Republic of Tatarstan.
Performance indicators
2024: Revenue growth 15.4% to ₽62,1 billion
The annual revenue of the energy company Tatenergo in 2024 increased by 15.4% to ₽62,1 billion. At the same time, the organization's net profit decreased by 68% to ₽1,4 billion compared to ₽4,3 billion in 2023. Tatenergo published its financial statements for 2024 in May 2025.
According to Kommersant, the financial data of the company are contained in the State Information Resource for Accounting Reports. The revenue figure increased from ₽53,8 billion in 2023 to ₽62,1 billion in 2024.
Tatenergo's gross profit decreased from ₽7,8 billion to ₽7 billion during the reporting period. The company's management expenses rose from ₽1,8 billion to ₽2,1 billion in 2024.
Profit from sales of the energy company decreased by 18.3% to ₽4,9 billion. Profit before tax decreased by 32.2% to ₽3,1 billion in the reporting period.
Revenues from the sale of products and goods increased from ₽53,6 billion to ₽62,4 billion. Revenues from rental and license payments increased from ₽54,2 million to ₽60,7 million.
The category of other revenues amounted to ₽1,7 billion, a decrease of 43.2% compared to the previous year. This was one of the factors that influenced the company's overall financial results.
Tatenergo's payments to suppliers for materials and services increased by 24.3% to ₽45 billion. Payments to pay employees rose 22.3% to ₽8,7 billion.
The company recorded an increase in interest payments on debt obligations from ₽993,6 million to ₽1,1 billion. Corporate income tax increased from ₽1,2 billion to ₽1,5 billion.
Cash flows from investment operations decreased by 64.7% to ₽1,2 billion. Proceeds from the sale of non-current assets decreased from ₽343,2 million to ₽146,8 million.
Proceeds from the sale of interest decreased from ₽1,3 billion to zero. Proceeds from repayment of loans and sale of securities fell from ₽362,7 million to ₽78,6 million.
The growth was shown only by the receipt of dividends and interest on debt financial investments. They almost doubled from ₽262,9 million to ₽512,6 million.[1]
History
2020
- The installed electric capacity of JSC Tatenergo is 5359.9 MW. The installed thermal capacity of Tatenergo JSC power plants is 7346 Gcal/hour.
- The consolidated revenue of JSC Tatenergo at the end of 2020 amounted to 39.7 billion rubles.