TATAPOWER Tata Power Company Q2 FY26 results (Jul–Sep 2025) and concall
Tata Power reported its 24th consecutive quarter of PAT growth, up 14% YoY, driven by strong performances in Odisha Discoms, solar manufacturing, and rooftop solar, with EBITDA crossing ₹4,000 crores. Despite challenges from monsoon-related project delays and Mundra's non-operation, the company is on track with its ₹25,000 crores FY26 capex plan and is progressing on strategic investments like the 1,125 MW Dorjilung hydro project in Bhutan and a potential 10 GW ingot/wafer plant.
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What they filed
Q2 FY26: revenue down 46.3%, net profit down 57.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 4,889 | 5,731 | 5,965 | 5,285 | 2,625 −46% |
| EBITDA | 1,205 | 1,168 | 1,008 | 951 | 577 −52% |
| Net profit | 1,009 | 978 | 409 | 520 | 431 −57% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





