Tata Power, one of India’s largest vertically integrated power companies, today reported a Profit after Tax (PAT) of ₹ 1,401 crore, up 11% YoY, for the first quarter ended June 30, 2026. The company’s revenue grew to ₹ 18,898 crore, up 8% YoY, while EBITDA rose to ₹ 4,249 crore, up 8% YoY.
The company has commenced FY27 on a strong footing, with the first quarter reflecting solid execution across its businesses and reinforcing the strategic priorities that will drive the next phase of growth.
As green energy adoption accelerates, Tata Power is strategically investing across the value chain from domestic manufacturing and large-scale renewable development to cross-border clean energy partnerships and energy storage solutions. The company is building capabilities that enhance grid flexibility and reliability through a combination of pumped hydro storage, battery energy storage systems and hybrid energy solutions. These efforts are pioneering dependable clean energy access for commercial, industrial and residential consumers.
Consolidated Financial Performance (in ₹ crore)
| Particulars | Q1 FY27 | Q1 FY26 | % Change YoY |
|---|---|---|---|
| Revenue | 18,898 | 17,464 | 8% |
| EBITDA | 4,249 | 3,930 | 8% |
| Reported PAT | 1,401 | 1,262 | 11% |
Dr. Praveer Sinha, CEO and Managing Director, Tata Power, said: “India’s energy sector is entering its next phase of transformation where the focus is shifting to delivering reliable, round-the-clock clean energy. At Tata Power, we have positioned ourselves ahead of this curve by providing an integrated and bundled supply of RTC renewable power through solar, wind, battery storage, and pumped storage projects.
This quarter marks several strategic milestones that will shape our next phase of growth. With more than ₹5,000 crore deployed towards capex during Q1, we have begun FY27 with a strong project implementation roadmap.
The return of Mundra to full operations, industry-leading solar rooftop growth and deepening cross-border energy partnerships further reinforce our position as a leading integrated power company.”
Business Highlights – Q1 FY27
Generation
- The traditional generation demonstrated strong operational performance and resilience while maintaining minimal to zero forced outages during the quarter. The average availability stood at a robust 96.2%.
- Tata Power continues to make significant engineering progress across the Bhutan hydropower projects – Khorlochhu and Dorjilung.
- At the 1,000 MW Bhivpuri Pumped Storage Project, the upper reservoir has been constructed, and civil, electro-mechanical, hydro-mechanical, and GIS packages have been awarded, with work progressing well.
Renewables
- The cluster posted strong performance as quarter EBITDA increased 8% YoY to ₹ 1,696 crore from ₹ 1,567 crore in Q1 FY26, driven by capacity additions and higher sales from Solar Manufacturing & Rooftop solar
- Total renewable portfolio at 12.0 GW, of which 6.7 GW is operational (5.4 GW solar, 1.3 GW wind) and 5.3 GW is under implementation.
- Commissioned Ladakh’s first commercial rooftop solar project, a 50 kWp system in Leh, marking the region’s entry into distributed clean energy.
- Commissioned the 100.8 MW Jewali Wind Project in Dharashiv, Maharashtra, generating ~299 million units annually and supplying clean power to Tata Power Mumbai Distribution
- Rooftop Business expands its addressable market with complete solar solutions (Solar plus Battery). The order book stands at ₹639 crore.
Transmission & Distribution
- Announced plans to upgrade Mumbai’s transmission and distribution network by 2031, including a 400 kV ring network to serve data centres and metro lines.
- Tata Power Delhi Distribution Limited crosses 10,000 rooftop solar installations in Delhi creating 160 MWp of distributed clean energy.
Electric Mobility
- Commissioned ultra-fast charging stations with Indian Oil on the Delhi–Mumbai Expressway (63rd and 69th Milestones, Haryana)
- Signed an MoU with Varanasi Smart City to expand EV charging across transit hubs, parking areas and tourist sites
- Tata Power and Tata Passenger Electric Mobility Limited (TPEM) inaugurated Telangana’s first high-speed Tata EV mega-charger hub in Hitech City, Hyderabad.
The Tata Power Company Limited, a vertically integrated power company and part of the Tata Group, India’s largest multinational business conglomerate, has built a diversified portfolio across the entire power value chain, with its total operational and under-construction capacity surpassing 26 GW. This includes approximately 17.7 GW of clean and green energy capacity (including projects under construction) and around 8.8 GW of thermal generation capacity, ensuring a balanced and resilient energy mix. The Company also has a strong transmission and distribution footprint, with over 7,800 circuit kilometres of transmission lines, including pipeline projects, and serves over 13 million customers across its distribution businesses, making it one of India’s largest private power distribution companies.
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