Tata Power, a vertically integrated power company, reported a profit after tax (PAT) of INR 1,416 crore for the quarter ended March 31, 2026, up 8% YoY. Revenue stood at INR 15,962 crore, while EBITDA increased 10% YoY to INR 4,216 crore, driven by strategic expansion, operational excellence, and disciplined execution.
For FY26, PAT grew 7% to an all-time high of INR 5,118 crore. Revenue reached INR 63,681 crore, while EBITDA rose to INR 16,090 crore.
The company attributed robust Q4 FY26 performance to strong execution across its diversified portfolio, accelerated module and cell ramp-up at Tirunelveli in Tamil Nadu, achievement of the milestone of over 3.7 lakh rooftop solar installations, large-scale renewable capacity commissioning, and continued operational improvements in Odisha DISCOMs.
Renewables business
Renewables business (RE generation, solar EPC, solar manufacturing, and others) PAT stood at INR 406 crore in Q4FY26. FY26 PAT increased 59% YoY to INR 1,994 crore.
The company said the strong FY26 performance was driven by the continued scale-up of solar manufacturing operations, delivering industry-leading yields of over 95%, strong traction in the rooftop solar business, and steady renewable energy capacity additions.
Solar cell and module manufacturing PAT rose 40% YoY to INR 265 crore in Q4FY26, while FY26 PAT rose to INR 857 crore, up 103% YoY, supported by yields of over 95%.
Tata Power Renewable Energy Ltd (TPREL) crossed 10 GW of cumulative solar EPC execution. It commissioned 2.5 GW of renewable capacity in FY26, comprising 968 MW of in-house projects and 1,484 MW third-party projects.
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