TATA POWER CO.LTD. Q4 FY26 Results

Summary

Tata Power announced robust financial performance for the fourth quarter and full financial year ended March 31, 2026. For Q4 FY26, the company reported a Profit After Tax (PAT) of ₹ 1,416 crore, marking an 8% increase year-on-year, while revenue stood at ₹ 15,962 crore and EBITDA grew by 10% to ₹ 4,216 crore. The full fiscal year 2026 saw an all-time high annual reported PAT of ₹ 5,118 crore, up 7% year-on-year, on total revenues of ₹ 63,681 crore and an 11% increase in EBITDA to ₹ 16,090 crore. This strong performance was attributed to exceptional operational efficiency and solid business execution across segments. The Board underscored confidence by recommending an increased dividend of ₹ 2.50 per equity share for FY26.

Key Highlights

1. 1

   Reported Profit After Tax (PAT) for Q4 FY26 grew by 8% year-on-year to ₹ 1,416 crore, contributing to an all-time high annual reported PAT of ₹ 5,118 crore for FY26, up 7% year-on-year.

2. 2

   Q4 FY26 revenue stood at ₹ 15,962 crore, while EBITDA increased by 10% year-on-year to ₹ 4,216 crore.

3. 3

   For the full financial year 2026, revenue reached ₹ 63,681 crore, and EBITDA grew by 11% year-on-year to ₹ 16,090 crore.

4. 4

   The Board recommended an enhanced dividend of ₹ 2.50 per equity share for FY26, compared to ₹ 2.25 per equity share for FY25, showcasing strong financial performance.

5. 5

   The Renewables business reported a significant 59% year-on-year increase in PAT for FY26, reaching ₹ 1,994 crore, with Q4 FY26 PAT at ₹ 406 crore.

6. 6

   Solar Cell and Module Manufacturing PAT soared by 103% year-on-year to ₹ 857 crore for FY26, with Q4 FY26 PAT at ₹ 265 crore, up 40%.

7. 7

   The company's renewable portfolio expanded to 11.6 GW, including 5.1 GW under construction, after commissioning 2.5 GW of capacity in FY26.