Mumbai : Tata Power, one of India's largest integrated power companies, today announced its financial results for the quarter and financial year ended March 31, 2026. The company reported its highest-ever annual Reported Profit After Tax (PAT) of ₹5,118 crore, marking a 7% year-on-year (YoY) growth. For the fourth quarter (Q4FY26), PAT stood at ₹1,416 crore, up 8% compared to the same period last year.
The robust performance was driven by strong operational efficiency across its diversified portfolio. The company's annual revenue for FY26 reached ₹63,681 crore, while EBITDA grew by 11% to ₹16,090 crore. On the back of these strong results, the Board of Directors has recommended an increased dividend of ₹2.50 per equity share.
Strategic Business Highlights:
Renewables Surge: The Renewables business saw a massive 59% jump in annual PAT, reaching ₹1,994 crore. The company’s renewable portfolio now stands at 11.6 GW.
Solar Manufacturing Excellence: Solar cell and module manufacturing PAT rose by 103% YoY to ₹857 crore, supported by industry-leading production yields.
Transmission & Distribution (T&D): The T&D vertical reported a 49% growth in annual PAT, reaching ₹2,978 crore. Odisha DISCOMs continued their turnaround, with PAT rising 84% to ₹809 crore for the full year.
EV Infrastructure Leadership: Tata Power surpassed 2 lakh home EV charger installations and expanded its public charging network to over 7,000 points across 706 cities.
Dr. Praveer Sinha, CEO & Managing Director, Tata Power, said: "This year reflects our sustained focus on creating long-term value through disciplined growth and operational excellence. As India's peak electricity demand is projected to reach record highs, our focus on rooftop solar, backward integration in manufacturing, and regional energy collaborations will ensure a resilient and greener energy future."