Tata Power Q4 FY26 Profit Rises 8 Percent to INR 1,416 Crore, Revenue at INR 15,962 Crore

Tata Power posted robust FY26 profit growth, driven by renewables, rooftop solar, transmission and distribution businesses, alongside improved operational efficiency across its portfolio.

The company reported a consolidated Profit After Tax (PAT) of INR 1,416 crore for Q4 FY26, up 8 percent year-on-year, while annual PAT rose 7 percent  to an all-time high of INR 5,118 crore.

Q4 revenue stood at INR 15,962 crore and EBITDA increased 10 percent YoY to INR 4,216 crore. For the full year, EBITDA climbed 11 percent to INR 16,090 crore, while revenue came in at INR 63,681 crore.

The board recommended a dividend of INR 2.50 per equity share for FY26, compared to INR 2.25 per share in FY25.

The company’s renewables business continued to drive growth, with FY26 PAT rising 59 percent YoY to INR 1,994 crore. Tata Power commissioned 2.5 GW of renewable capacity during the year and expanded its total renewable portfolio to 11.6 GW, including projects under construction.

Its solar manufacturing business also posted strong gains, with FY26 PAT doubling to INR 857 crore, supported by production of 3,825 MW of modules and 3,759 MW of solar cells at its Tirunelveli facility in Tamil Nadu.

The rooftop solar segment reported a 150 percent  rise in annual PAT to INR 499 crore, while cumulative installations crossed 3.7 lakh systems with installed capacity exceeding 4.8 GWp.

Transmission and distribution operations remained another key growth driver. FY26 PAT from the T&D business increased 49 percent to INR 2,978 crore, while Odisha DISCOMs reported an 84 percent  rise in PAT to INR 809 crore.

During the year, Tata Power also strengthened its regional clean energy partnerships in Bhutan through hydroelectric projects with Druk Green Power Corporation and financing support from the World Bank Group.

CEO and Managing Director Praveer Sinha said that the company remains focused on clean energy expansion, grid modernization, rooftop solar growth and manufacturing-linked self-reliance to support India’s rising electricity demand and long-term energy security.