TATAPOWER Tata Power Company Q4 FY26 results (Jan–Mar 2026) and concall
Tata Power delivered a strong financial and operational performance in FY26, with record PAT and significant EBITDA growth across all segments. The company highlighted robust contributions from solar manufacturing and Odisha DISCOMs, alongside a substantial renewable project pipeline. While FY26 capex was impacted by project delays and Tata Projects faced legacy losses, management expressed confidence in resolving these issues and achieving ambitious growth targets for FY27, including a higher capex plan and progress in nuclear power.
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What they filed
Q4 FY26: revenue down 52.5%, net profit down 18.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,889 | 5,731 | 5,965 | 5,285 | 2,625 −46% | 2,483 −57% | 2,833 −53% |
| EBITDA | 1,205 | 1,168 | 1,008 | 951 | 577 −52% | 331 −72% | 628 −38% |
| Net profit | 1,009 | 978 | 409 | 520 | 431 −57% | -160 −116% | 334 −18% |
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.
